Laurel Insurance Rates:

Laurel, MT home insurance is nearly $660 to $898, about $55-$74/month. Our thorough analysis reveals consumers can save upto $311 by getting different quotes

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Laurel Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
GEICO Insurance
Home Insurance Rate of $760/6 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $285,000

3 Beds, 3 Baths 2290 sqft Vacation Property Constructed In 1992 with Stone Flooring, Slate Shingles Roof, Chainwall Foundation, Brick siding, Stucco Construction. Home Features Include Central Air Conditioning, Indoor Sprinklers, Fireplace, Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

70 Years old Married Female who is a Freelancer with household income of $75-$100,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $1880/9 months for $600000-$700000 Coverage
Policy Holder Home Details :

Home Value : $580,000

5 Beds, 5 Baths 4730 sqft Vacation Property Constructed In 2003 with Hardwood Flooring, Tile Roof, Crawl Space Foundation, Stucco siding, Stucco Construction. Home Features Include Copper Water Pipes, Indoor Sprinklers, Smoke Alarm, Fire Extinguisher, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

23 Years old Divorced Female who is a Freelancer with household income of $50-$75,000 and has No Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

  • Guests at home

Home Insurance Rate of $340/6 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $210,000

5 Beds, 5 Baths 2020 sqft Seasonal Residence Constructed In 1990 with Carpet Flooring, Shingles Roof, Chainwall Foundation, Vinyl siding, Wood Frame. Home Features Include Deadbolt Locks, Copper Water Pipes, Fire Extinguisher, Indoor Sprinklers, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

65 Years old Divorced Male who is Retired with household income of $25-50,000 and has 1 Pet and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 650-699 Credit Score

  • Guests at home

Home Insurance Rate of $590/7 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $295,000

4 Beds, 4 Bath 3280 sqft Vacation Property Constructed In 1984 with Wood Flooring, Wood Shake Roof, Piers Foundation, Vinyl siding, Stucco Construction. Home Features Include Fire Extinguisher, Copper Water Pipes, Smoke Alarm, Swimming Pool, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

54 Years old Single Female who is a Freelancer with household income of $100-$150,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • Up to 499 Credit Score

  • Guests at home

Home Insurance Rate of $440/4 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $405,000

4 Beds, 4 Bath 3340 sqft Seasonal Residence Constructed In 2012 with Carpet Flooring, Tile Roof, Chainwall Foundation, Stucco siding, Brick Frame. Home Features Include Swimming Pool, Indoor Sprinklers, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

74 Years old Married Female who has a Full Time Job with household income of less than $25,000 and has 3 Pets and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 750-799 Credit Score

  • Guests at home

Home Insurance Rate of $340/5 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $280,000

4 Beds, 4 Bath 2700 sqft Seasonal Residence Constructed In 1996 with Hardwood Flooring, Membrane Roof, Chainwall Foundation, Brick siding, Wood Frame. Home Features Include Central Air Conditioning, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

50 Years old Single Female who is Unemployed and has 3 Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 800-850 Credit Score

  • Guests at home

Home Insurance Rate of $530/5 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $270,000

5 Beds, 5 Baths 2480 sqft Primary Residence Constructed In 2003 with Hardwood Flooring, Metal Roof, Chainwall Foundation, Vinyl siding, Wood Frame. Home Features Include Central Air Conditioning, Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

29 Years old Married Male who has a Part Time Job with household income of $25-50,000 and has 1 Pet and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $920/9 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $185,000

3 Beds, 3 Baths 1460 sqft Primary Residence Constructed In 1986 with Carpet Flooring, Asphalt Shingles Roof, Crawl Space Foundation, Fiber-Cement Siding, Wood Frame. Home Features Include Swimming Pool, Fireplace, Smoke Alarm, Deadbolt Locks, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

56 Years old Divorced Female who has a Full Time Job with household income of $100-$150,000 and has 3 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 800-850 Credit Score

Home Insurance Rate of $190/2 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $305,000

4 Beds, 4 Bath 2340 sqft Rental Property Constructed In 1989 with Stone Flooring, Membrane Roof, Slab Foundation, Stone Siding, Stucco Construction. Home Features Include Swimming Pool, Smoke Alarm, Fire Extinguisher, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

28 Years old Married Male who is Unemployed and has 1 Pet and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 650-699 Credit Score

Home Insurance Rate of $80/1 month for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $290,000

3 Beds, 3 Baths 2230 sqft Seasonal Residence Constructed In 2002 with Hardwood Flooring, Slate Shingles Roof, Piers Foundation, Stucco siding, Metal Frame Construction. Home Features Include Fire Extinguisher, Copper Water Pipes, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

62 Years old Married Female who is a Freelancer with household income of more than $150,000 and has No Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 700-749 Credit Score

  • Guests at home

Laurel, MT Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
59044 $169,800 $780

Laurel Rates & Quotes Analysis:

Laurel Area Estimated House Insurance
Golden Spike Dr, Laurmac Ln, Still Meadow Dr, Stockyard Rd, Entryway Dr, S 40th St W, Black Stone Cir, W 7th St, Allendale Rd, Duval Dr$796
Clearwater Dr, S 80th St W, N Ramshorn Dr, Stillmeadow Dr, Paynes Pl, E 9th St, Cheif White Bird Trl, Back Bay Dr, Laurel Airport Rd, Paradise Ln$796
S 59th St W, Ranch Trail Rd, Little Creek Ln, Mimosa Ct, Pope Rd, Brookway Cir, Vista Loop Rd, Juniper Ave, Honeysuckle St, Granite Ridge Cir$797
Fairview Ln, Century Cir E, Red Bridge Rd, Lakeshore Dr, S Park City Rd, Cedar Crest Cir, Forrest Ave, Ranch Trail Rd, Creek Dr, Buffalo Horn Dr$798
Maple Ridge Cir, Ashfor Pl, Cheetah Ave, Juniper Rd, Mountain View Ln, Larkspur Pl, Chevelle Dr, Grassland St, Locust Ave, Anna Maria Dr$796

Insurance rates are influenced by a number of factors including:

  • Year Built: 1,484 Homes (22% of total) built between 1970 to 1979 in Laurel are paying home insurance between $1,261-$1,273 in contrast with Northwest Yellowstone (+$19), Roberts (+$14), East Carbon (+$12), Park City (-$21) and Lockwood (-$22).
  • Bedrooms: 2,523 3 bedrooms homes (39% of total homes ) in Laurel are paying about $428. Areas near to Laurel such as Billings, South Yellowstone, Northwest Yellowstone are costlier by $5, $3, $7 respectively whereas Silesia and Lockwood are more economical by $11, $7 respectively for similar homes.
  • Auto Insurance Bundling: 1,998 Households (41% of all households) in Laurel have 2 vehicles available and when it is bundled with home insurance you can save $155. Discounts for similar bundling in close by locations such as Billings, Park City, Silesia come to $154, $153, $151 respectively.
  • Senior Discounts: 2,301 seniors (more than 55 years) occupied housing units (47% of total) in Laurel get discounts between $116 to $119. The comparative concessions in proximate regions such as Billings, Park City and Silesia are $115, $114 and $113 respectively.
  • New Homes discounts: New homes such as the 2,845 homes built between 2000 to 2009 in Laurel can save $155 and similar new home insurance discounts in nearby towns and cities like Billings, Park City and Silesia are $154, $153 and $151 respectively.

Laurel Homeowners insurance Facts

  • Laurel, MT has 4,827 owner occupied houses which is 77.3% of all units whereas Billings, Park City and Silesia have 64.66%, 87.15% and 25.64% respectively.
  • Laurel, MT homeowners yearly insurance price at $778 is 0.4% of the typical house value of $194,200 which is in contrast with 0.44% in Billings, 0.52% at Park City & 0.61% in Silesia.
  • Homeowners in Laurel, MT pay 2.07% of their income ($35,000 to $39,999) in insurance whereas homeowners in Billings, Park City and South Yellowstone pay 2.06%, 2.04% and 2.09% respectively.
  • Laurel, MT’s insurance is 4.9% of monthly housing costs of $1,332/month, for owners with a mortgage compared to 5.13% in Billings, 5.94% at Park City & 4.27% in South Yellowstone. But, for households without a mortgage, insurance is 16.5% of costs ($393 in Laurel, MT) in contrast with 16.69% in Billings, 21.18% at Park City & 16.13% in South Yellowstone.

Laurel, MT Home Values & Insurance rates

For example, insurance for 613 Homes (14.0% of total homes ) valued between $300,000 to $399,999 in Laurel, MT is about $1,400. Rates in nearby areas in such as South Yellowstone, Northwest Yellowstone, Roberts are cheaper by $71, $223, $159 respectively while Billings and Lockwood are costlier by $153 and $425 respectively for similar homes.

Laurel, MT Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 499 11.0% $93
$70,000 to $79,999 61 1.0% $295
$90,000 to $99,999 97 2.0% $373
$100,000 to $124,999 284 6.0% $435
$125,000 to $149,999 473 11.0% $544
$150,000 to $174,999 611 14.0% $645
$175,000 to $199,999 417 9.0% $746
$200,000 to $249,999 590 13.0% $902
$250,000 to $299,999 562 13.0% $1096
$300,000 to $399,999 613 14.0% $1400

Renters Insurance in Laurel

  • Average Renters Insurance in Laurel :  $180($15/month)

  • Median Gross Rent in Laurel :  $661

  • Laurel Renters Insurance to Median Rent Ratio:  2.27%

  • Average household size of renter-occupied unit :  2.17

Laurel Renters Insurance as a Percentage of Rent

Laurel Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 26 2.0% $345
$200 to $299 31 2.0% $795
$300 to $499 366 29.0% $1245
$500 to $749 338 26.0% $1920
$750 to $999 421 33.0% $2670
$1,000 to $1,499 50 3.0% $3795
$1,500 or more 27 2.0% $5445

Rent Affordability in Laurel:

Approximately 39.0% (557) of households are spending more than 35% of their income on gross rent in Laurel

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 319 22.0%
15.0 to 19.9 percent 146 10.0%
20.0 to 24.9 percent 245 17.0%
25.0 to 29.9 percent 88 6.0%
30.0 to 34.9 percent 60 4.0%
35.0 percent or more 557 39.0%

Laurel Renters Insurance Discounts:

Laurel Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Laurel, MT Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 622 43.0% $18.0
2 vehicles available 472 33.0% $27.0
3 or more vehicles available 190 13.0% $36.0

Laurel Senior Citizen Discounts:

Age Senior Occupied Housing Units % of Total Discount offered
55 to 59 years 88 6.0% $66
60 to 64 years 65 4.0% $52
65 to 74 years 124 8.0% $42
75 years and over 132 9.0% $33

Protective device discount in Laurel Up to :  $27

Claims-free discount in Laurel Up to :  $36