Shreveport ,LA Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Shreveport, LA homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Shreveport, LA is $1586. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Shreveport, LA. VHome Insurance will help you navigate the world of homeowners insurance coverages in Shreveport, LA.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $634 |
| $200,000 | $1,078 |
| $300,000 | $1,332 |
| $400,000 | $2,030 |
| $500,000 | $2,553 |
Home insurance costs in Shreveport can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 071108 | $2,017 |
| 71109 | $2,014 |
| 71101 | $2,016 |
| 71103 | $2,021 |
| 71105 | $2,151 |
| 71118 | $2,098 |
| 71129 | $2,115 |
| 71119 | $2,129 |
| 71104 | $2,099 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Shreveport, LA, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,626 |
| $1000 Deductible | $1,454 |
| $1500 Deductible | $1,372 |
| $2500 Deductible | $1,237 |
| $5000 Deductible | $1,047 |
| Home Insurance Company Near Shreveport, LA | Homeowners Insurance Agency Near Shreveport, LA | Address |
|---|---|---|
| NA | Tyler Insurance Agency Inc | 625 East Carroll , Coushatta, LA, 71019 |
| NA | Beasley Keith Insurance Agency Inc | 1815 Benton Rd , Bossier City, LA, 71111 |
| State Farm | Caldwell Dunn | 2266 Benton Rd, Bossier City, LA, 71111-3404 |
| Allstate | James A. Wiggins | 530 Benton Rd, Bossier City, LA, 71111 |
| State Farm | Michael Flentroy | 3705 1/2 Greenwood Rd, Shreveport, LA, 71109-5109 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Lakeview CDP, Louisiana | $157 | $209 | $313 |
| Caddo Parish, Louisiana | $158 | $211 | $316 |
| Blanchard town, Louisiana | $161 | $215 | $322 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Shreveport, LA | 9.4% | 32.0% |
| Lakeview | 10.97% | 29.5% |
| Caddo | 9.48% | 32.36% |
| Blanchard | 8.58% | 35.51% |
| Shreveport Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 516 | 1.0% | $357 |
| $200 to $299 | 1,283 | 4.0% | $807 |
| $300 to $499 | 3,529 | 11.0% | $1257 |
| $500 to $749 | 11,441 | 35.0% | $1932 |
| $750 to $999 | 8,859 | 27.0% | $2682 |
| $1,000 to $1,499 | 5,268 | 16.0% | $3807 |
| $1,500 or more | 1,132 | 3.0% | $5457 |
| Streets in Shreveport Area | Homeowners Insurance Cost |
|---|---|
| Cryers Cir, Robinson Rd, Chopin Dr, Belle Chase Pl, Leindecker St, W Oxbow Loop, Leger St, N Thomas Dr, Jack Wells Blvd, Thompson St | $1,319 |
| Island Park Blvd, Heritage Dr, Yarborough St, Champion Lake Blvd, Poole Rd, Thomas Dr, Lofton Rd, Hope St, Lalo Rd, Hopewell Rd | $1,319 |
| Gamble Rd, Johnson St, Leon St, Moore Rd, Bacon St, State Rte 515, Tioga Ct, Julia St, River Bend Dr, N Crescent Cove | $1,307 |
| Arthur Ray Teague Pkwy, Clay St, Dee St, Jimmie Davis Hwy, Castille Ct, Trichel St, Camp Joy Rd, Oak Aly, Eatman St, Pine Cove Rd | $1,312 |
| Rose Cir, Country Forest Dr, Edwards St, Spring Branch Rd, Nottoway Pl, Tiffany Estate Dr, Wanda St, Edgar St, Magnolia Ridge, Richland Pl | $1,312 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Shreveport | $189 to $192 |
| Lakeview | $187 |
| Caddo | $189 |
| Blanchard | $193 |
| Building Coverage | Contents coverage | Construction type | Age of home | Company | Premium |
|---|---|---|---|---|---|
| $200,000 | $100,000 | brick veneer | 10-year | Allied Trust Ins Co | $4839 |
| $200,000 | $100,000 | brick veneer | 10-year | Centauri National Ins Co | $5391 |
| $400,000 | $200,000 | brick veneer | 1-year | Coastal Select Ins Co | $5878 |
| $400,000 | $200,000 | brick veneer | 1-year | Liberty Ins Corporation | $5777 |
| $400,000 | $200,000 | brick veneer | 1-year | Lighthouse Property Ins Corp (Beacon) | $6439 |
| $200,000 | $100,000 | Frame | 10-year | Lighthouse Property Ins Corp (Standard) | $6243 |
| $200,000 | $100,000 | brick veneer | 10-year | Southern Fidelity Ins Co | $6319 |
| $200,000 | $100,000 | brick veneer | 10-year | Spinnaker Ins Co | $3296 |
| $200,000 | $100,000 | brick veneer | 10-year | Stillwater Ins Co | $6000 |
| $200,000 | $100,000 | Frame | 10-year | Vigilant Ins Co | $8568 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,100 | $4,100 |
| Yearly Shreveport Homeowner Insurance Premium Example | $2,900 | $2,400 |
| Out of Pocket Expense During Claim | $1,100 | $4,100 |
| Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $21,400 | $20,900 |
| Net Savings to Shreveport Home Owner from High Deductible Plan | $500 | |
| Scenario | Shreveport, LA Home Replacement Value MORE than Home Value | Shreveport, LA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $91,500 | $74,000 |
| Insurance Premium based on Replacement Value | $1,300 | $1,050 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $9,000 | Risk Exposure from Under Insuring Coverage is $8,500 |
| Premium Impact | Insurance cheaper by $125/year | Insurance costlier by $125/year |
| Insurance Company | GEICO Insurance | Farmers Insurance | Allstate |
| Monthly Premium | 128 | 132 | 208 |
| Year Built | 1960 | 1991 | 1976 |
| Home Details | 3 Beds, 2 Baths | 2 Beds, 1 Baths | 4 Beds, 3 Baths |
| Coverage Amount | $125000-$150000 | $125000-$150000 | $125000-$150000 |
| Deductible | $2500-$5000 Deductible | $2500-$5000 Deductible | $500- $1000 Deductible |