Lawrence Insurance Rates:

Lawrence, IN home insurance is approximately $709 to $961, about $59-$80/month. Our extensive research indicates shoppers can save as much as $334 by comparing many quotes

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Read Lawrence, Indiana Homeowners Insurance Reviews & compare quotes to find the best & cheapest home insurance provider.

Lawrence Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Erie Insurance
Home Insurance Rate of $160/3 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $145,000

3 Beds, 3 Bath 1610 sqft Rental Property Constructed In 1969 with Carpet Flooring, Slate Shingles Roof, Piers Foundation, Wood siding, Stucco Construction. Home Features Include Smoke Alarm, Copper Water Pipes, Fireplace, Fire Extinguisher, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

23 Years old Single Male who is Unemployed with household income of less than $25,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

Home Insurance Rate of $60/2 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $95,000

3 Beds, 3 Bath 1250 sqft Primary Residence Constructed In 1976 with Carpet Flooring, Shingles Roof, Piers Foundation, Brick siding, Wood Frame. Home Features Include Central Air Conditioning, Swimming Pool, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

38 Years old Married Female who is Unemployed with household income of less than $25,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 550-599 Credit Score

  • Guests at home

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

Home Value : $235,000

4 Beds, 4 Bath 2180 sqft Primary Residence Constructed In 1967 with Wood Flooring, Shingles Roof, Crawl Space Foundation, Vinyl siding, Brick Frame. Home Features Include Fire Extinguisher, Central Air Conditioning, Indoor Sprinklers, Smoke Alarm, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

61 Years old Married Female who is Unemployed with household income of less than $25,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 600-649 Credit Score

Lawrence, IN Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
46226 $87,600 $800

Lawrence Rates & Quotes Analysis:

Lawrence Area Estimated House Insurance
Attleboro Ct, Meadowfield Blvd, Murphy Ct, N Ridgeview Dr, San Miguel Cir, Sparrowood Blvd, Castle Dr, Red Rock Rd, Cowan Lake Dr, Bishop Ct$830
Calais Dr, Colony Pointe Dr, White Dove Dr, Brookpath Rd, Arvada Ct, Elmonte Ct, Athens Ct, Blue Creek South Dr, Congressional Ln, Old House Rd$786
Galley Ct, Alibeck Ct, Brave Trl, Fountain Ln, Shale Ln, Laurel Oak Dr, Kingsboro Ct, Limbach Ct, Sheila Dr, E 53rd Pl$823
Metzger Ct, Trenkamp Ct, Eastwick Ln, Beechtree Ct, Oakland Hills Cir, Watertown Dr, Hickory Lake Dr, Johnson Rd, Breen Dr, Old Oakland Blvd W Dr$888
Draycott Ave, Biscayne Rd, Daniel Dr, Marmont Cir, Beaumont Rd, E 44th Pl, Aintree Ct, Boschen Loop, Twyckenham Dr, Center Run Dr$843
Long Iron Dr, Pinehurst Dr N, Sycamore Dr, Calumet Dr, Capistrano Cir, Copper Mountain Ct, Tottenham Dr, Mindy Dr, Fireside Dr, Rainbow Ln N$973
Susan Dr E, Saddle Point Dr, Wheel Estates West Dr, Tequista Cir, Clearview Ln, Caisson St, N el Dorado Pl, Highburry Dr, Aultman Ave, Castilla Dr$851
Poindexter Dr, Glen Trace Dr, Seafan Ct, Strathmore Dr, Swiftsail Ln, N Port Cir, Barbwood Ln, Leone Dr, Indian Pointe Dr, Knue Rd$980
Brendon Park Dr, Hampton Cir S, Shawnee Trail N Dr, High View Dr, Della Ct, Woods Bay Ln, Kileen Rd, Ledgestone Dr, Faris Ave, Rossi Dr$832
Richelieu Rd, Park Forest Ct, Fountain Cove Ct, Shadeland Station, Newport Way, Sedgegrass Dr, E 54th Pl, Glen Cove Ct, Golf Club Ct, Carloway Rd$845

Insurance rates are influenced by a number of factors including:

  • Year Built: 9,116 Homes (17% of total homes ) built between 1970 to 1979 in Lawrence are paying home insurance between $1,355-$1,367. Places close to Lawrence, IN such as McCordsville, Delaware, Fishers are more expensive by $59, $30, $65 respectively while Warren Park and Warren are cheaper by $13 and $48 respectively for similar homes.
  • Bedrooms: 9,874 4 bedrooms homes (19% of total homes ) in Lawrence are paying about $1,237 and differs from McCordsville (+$53), Delaware (+$26), Fishers (+$59), Warren Park (-$12) and Warren (-$45).
  • Auto Insurance Bundling: 13,184 Households (45% of all households) in Lawrence have 2 vehicles available and when it is bundled with home insurance you can save $167 in contrast with McCordsville ($174), Delaware ($170), Fishers ($175).
  • Senior Discounts: 12,654 seniors (more than 55 years) occupied housing units (43% of total) in Lawrence get discounts between $124 to $127. The comparative concessions in proximate regions such as McCordsville, Delaware and Fishers are $130, $128 and $131 respectively.
  • New Homes discounts: New homes such as the 23,042 homes built between 2000 to 2009 in Lawrence can save $167 and similar new home insurance discounts in nearby towns and cities like McCordsville, Delaware and Fishers are $174, $170 and $175 respectively.

Lawrence Homeowners insurance Facts

  • Lawrence, IN has 29,171 owner occupied houses which is 63.3% of all units whereas McCordsville, Delaware and Fishers have 86.2%, 70.3% and 82.99% respectively.
  • Lawrence, IN homeowners yearly insurance price at $836 is 0.57% of the typical house value of $147,400 which is in contrast with 0.43% in McCordsville, 0.49% at Delaware & 0.42% in Fishers.
  • Homeowners in Lawrence, IN pay 1.97% of their income ($40,000 to $44,999) in insurance whereas homeowners in McCordsville, Delaware and Fishers pay 2.05%, 2.01% and 2.06% respectively.
  • Lawrence, IN’s insurance is 5.5% of monthly housing costs of $1,279/month, for owners with a mortgage compared to 4.49% in McCordsville, 5.03% at Delaware & 4.4% in Fishers. But, for households without a mortgage, insurance is 15.6% of costs ($446 in Lawrence, IN) in contrast with 14.39% in McCordsville, 15.44% at Delaware & 15.24% in Fishers.

Lawrence, IN Home Values & Insurance rates

For example, insurance for 3,565 Homes (13.0% of total homes ) valued between $100,000 to $124,999 in Lawrence, IN is about $618. Rates in nearby areas in such as McCordsville, Delaware, Fishers are cheaper by $148, $89, $163 respectively while Warren Park and Warren are costlier by $44 and $236 respectively for similar homes.

Lawrence, IN Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 2,609 9.0% $133
$50,000 to $59,999 585 2.0% $292
$60,000 to $69,999 497 1.0% $367
$70,000 to $79,999 1,028 3.0% $418
$80,000 to $89,999 1,222 4.0% $476
$90,000 to $99,999 1,462 5.0% $535
$100,000 to $124,999 3,565 13.0% $618
$125,000 to $149,999 4,037 14.0% $777
$150,000 to $174,999 3,866 14.0% $919
$175,000 to $199,999 2,243 8.0% $1061
$200,000 to $249,999 3,017 11.0% $1270
$250,000 to $299,999 1,535 5.0% $1554
$300,000 to $399,999 1,542 5.0% $1981

Renters Insurance in Lawrence

  • Average Renters Insurance in Lawrence :  $151($12/month)

  • Median Gross Rent in Lawrence :  $764

  • Lawrence Renters Insurance to Median Rent Ratio:  1.57%

  • Renter occupied housing units in Lawrence :  16,949

Lawrence Renters Insurance as a Percentage of Rent

Lawrence Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 240 1.0% $337
$200 to $299 187 1.0% $787
$300 to $499 1,091 6.0% $1237
$500 to $749 6,272 38.0% $1912
$750 to $999 5,072 31.0% $2662
$1,000 to $1,499 2,708 16.0% $3787
$1,500 or more 681 4.0% $5437

Rent Affordability in Lawrence:

Approximately 48.0% (8,176) of households are spending more than 35% of their income on gross rent in Lawrence

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 1,793 10.0%
15.0 to 19.9 percent 2,396 14.0%
20.0 to 24.9 percent 1,701 10.0%
25.0 to 29.9 percent 1,493 8.0%
30.0 to 34.9 percent 1,390 8.0%
35.0 percent or more 8,176 48.0%

Lawrence Renters Insurance Discounts:

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

Number of Vehicles in Lawrence, IN Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 8,851 52.0% $15.1
2 vehicles available 4,421 26.0% $22.65
3 or more vehicles available 626 3.0% $30.2

Lawrence Senior Citizen Discounts:

Age Senior Occupied Housing Units % of Total Discount offered
55 to 59 years 956 5.0% $76
60 to 64 years 811 4.0% $61
65 to 74 years 802 4.0% $49
75 years and over 1,336 7.0% $38

Protective device discount in Lawrence Up to :  $22

Claims-free discount in Lawrence Up to :  $30