Now is a great time to get a free homeowner insurance quote in Louisiana for your home, condo, or mobile home. Homeowner insurance coverage in Louisiana is considered to be the third most expensive average insurance rates in the country, with annual premiums pegged between $1,257 and $1,137.

These high rates are attributed to the massive floods, damage and destruction that were brought upon the state by Hurricane Katrina. With Louisiana still in a period of recovery, homeowner insurance providers are practically struggling to meet the numerous claims that came in the wake of the hurricane’s devastation. In fact, quite a number of insurance companies have either stopped giving policies to new homeowners or have jacked up the prices of premiums.

The basic homeowner insurance policy in the state provides the usual coverage for the following

· Property Damage:  Covers repairs and replacement to the home and that of detached structures such as garages and sheds

· Additional Living Expense:  Covers the expenses that the homeowner and his family would need while their home is being repaired or rebuilt

· Medical Payments:  Covers the medical expenses of individuals who are injured on the homeowner’s property

· Personal Liability:  Covers lawsuits and claims for bodily injury and property damage that the court deems the homeowner and members of his household are responsible for.

The standard Louisiana policy has add-ons for flood damage at extra cost. However, because of the damage caused by Hurricane Katrina, a number of private insurance providers no longer offer this rider and, if they do, the added coverage would be very expensive. It is better to obtain a separate flood policy from the National Flood Insurance Program.

Because of the high cost of policies, finding an affordable homeowner insurance in Louisiana is a difficult task, but certainly not an impossible one.

Here are ways by which one could get homeowner insurance in Louisiana at reasonable rates:

· Shop around. Get quotes from the various insurance providers in the area for the coverage that best fits the homeowner’s needs.

· If one could afford it, it is advisable to get the services of an insurance agent who could negotiate with insurance companies.

· For those who are planning to build a new home or buy an existing property, avoid coastal areas because the homeowner insurance is bound to be very expensive.

· For those who are living near the coast or in flood-prone areas, it is best to immediately avail of a flood policy from the National Flood Insurance Program.

· Always inquire with the insurance providers about discounts. Discounts on premiums are given if the homeowner gets other types of insurance policies (such as life or car insurance) from the same company. Installation of security alarms and protective devices in the home have discount equivalents in the insurance policy.

· Consider raising deductibles. Deductibles is the amount of money or the share from the claim that homeowner is willing to shoulder out of his or her own pocket. However, it is strongly advised not to set a deductible that is too high, so that one ends up shouldering the higher cost when the greater burden should be covered by the insurance company.

It is because of the bitter lessons learned from Hurricane Katrina that homeowner insurance in Louisiana is a definite must. A homeowner insurance policy is every Louisiana resident’s partner in ensuring that their greatest and most valuable investment, namely the home, is accorded the best coverage and protection.

Find  homeowner insurance rates in each of these Louisiana cities

Abbeville – Alexandria – Arabi – Baker – Bastrop – Baton Rouge – Bayou Cane – Belle Chasse – Bogalusa – Bossier City – Breaux Bridge – Bridge City – Brownsville-Bawcomville – Carencro – Chalmette – Claiborne – Covington – Crowley – De Ridder – Denham Springs – Destrehan – Donaldsonville – Eden Isle – Estelle – Eunice – Fort Polk South – Franklin – Galliano – Gardere – Gonzales – Gretna – Hammond – Harahan – Harvey – Houma – Jefferson – Jennings – Kenner – Lacombe – Lafayette – Lake Charles – Laplace – Larose – Leesville – Luling – Mandeville – Marrero – Meraux – Merrydale – Metairie – Minden – Monroe – Morgan City – Moss Bluff – Natchitoches – New Iberia – New Orleans – Oak Hills Place – Oakdale – Opelousas – Pineville – Plaquemine – Prien – Raceland – Rayne – Reserve – River Ridge – Ruston – Scott – Shenandoah – Shreveport – Slidell – St. Martinville – St. Rose – Sulphur – Tallulah – Terrytown – Thibodaux – Timberlane – Village St. George – Ville Platte – Violet – Waggaman – West Monroe – Westwego – Woodmere – Zachary

Homeowner insurance in Louisiana provides coverage in the event of damage to your property from theft, fire, floods, and natural disasters as well as protects you from liability for injuries or damage caused to people on your property. The right homeowner insurance plan  can help you make the best choices about this important protection for you and your family. Get free quotes on homeowner insurance in Louisiana above.

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