home owners insurance louisiana
How much should I pay for homeowners insurance?
I live in a small town in Louisiana, my home is worth about $ 130,000.00. How much I pay for home owners insurance. Only the basic ins. covering not only the house and land and the things inside. Thanks
You know, a "base" insurance policy covers homeowners house and things inside it, and responsibility. But no flood. You have to buy separately. It is based on your credit score and how much fire protection is in your area (called "the kind of protection"). There is a difference in rates between one kind of protection 3, 6, and 9. Like, it's really hard to get a uniform policy in a kind of protection 9 area, and rates are skyrocketing. It is based on market value of your home – but how much it costs to rebuild. Estimate that about $ 150 per square foot. Therefore, calculate its square feet, and multiply by $ 150. Nor does it matter the age of the house and the old wiring, plumbing, furnace and roof. Sometimes not so much an insurance company will not to write you (as if you have command and tube wiring or a fuse box instead of a circuit breaker box). Thus, the insurance for you should be somewhere share between $ 1,000 and $ 5,000 per year, depending on these factors. If you want to limit it more, you need to call some local, independent agents, and give Details of the above, have to do a credit check and claims history from you, and give firm quotes.
