Average homeowners insurance cost in Shreveport, LA

Why you can trust Insure.com

Quality Verified

At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry.

As per Insure.com’s rate data analysis, the average cost of homeowners insurance in Shreveport is $2,827 per year (for the coverage level of $300,000 for dwelling, $100,000 for liability protection and $1000 deductible), It’s $323 more than the national average of $2,504.

Homeowners insurance rates differ significantly from one home to another. Home insurance rates in Shreveport depend on several factors, including:

Size of your home
Age of your home
Amount of coverage you need
Location
Your credit score

Progressive is the cheapest homeowners insurance company in Shreveport with an average annual premium of $2,827 per year.

This guide covers everything from available coverage options to companies with the cheapest homeowners insurance rates in Shreveport. Keep reading to learn about the monthly cost of homeowners insurance in Shreveport, the cost for different dwelling coverage levels, and discover which companies provide the most affordable home insurance in Shreveport.

Key takeaways

The average cost of homeowners insurance in Shreveport is $2,827 per year.
Progressive is the cheapest homeowners insurance company in Shreveport with an average annual premium of $1,285.
If you increase your dwelling coverage from $200,000 to $300,000, you will just have to pay $677 more a year for home insurance.

Average homeowners insurance cost in Shreveport per month

Residents of Shreveport pay an average of $236 a month for homeowners insurance, as per Insure.com’s rate analysis. It’s $62 less than the state average of $298 and $27 more than the national average for home insurance across the United States.

The cost of your homeowners insurance policy in Shreveport may change based on location, property value, and selected coverage options.

Average homeowners insurance cost for a $200,000 house in Shreveport

Homeowners insurance for dwelling coverage of $200,000 and liability protection of $100,000 costs $2,150 per year in Shreveport, LA. Numerous factors influence your annual home insurance rates, including any natural disaster or event in your locality. For instance, certain regions have a higher risk of natural calamities such as floods, hurricanes, or tornadoes, implying higher expenses for rebuilding in these areas. These increased rebuilding expenses result in increased insurance premiums.

It is important to note that your insurance plan may not cover flood or hurricane damages. So, if you reside in an area prone to flooding, consider buying flood insurance coverage.

Average homeowners insurance cost for a $300,000 house in Shreveport

Based on a rate analysis conducted by Insure.com, Shreveport residents pay an average of $2,827 per year to insure a home for coverage limits of $300,000 dwelling, $100,000 liability with a $1,000 deductible. If you plan to increase your dwelling coverage from $200,000 to $300,000, you must pay an additional $677 per year for home insurance.

Buying adequate insurance to cover the entire expense of rebuilding your home is best advisable. However, the amount of dwelling coverage you need may vary depending on your home’s size, amenities, and the cost of living in your area.

Average homeowners insurance cost in Shreveport by company

After evaluating several carriers, Progressive is the least expensive homeowners insurance provider in Shreveport. It’s average annual rate for homeowners in Shreveport is $1,285.

Allstate holds the second position, while Farmers secures the third spot with an average annual home insurance rate of $3,190.

Researching the insurance company is crucial before selecting a homeowners insurance policy. Our experts have analyzed all insurance providers in Shreveport and compiled a list of the cheapest home insurance providers. Below, you’ll find the home insurance companies in Shreveport and their average annual premiums.

Home Insurance Company	Annual rate
Progressive	$1,285
Allstate	$2,473
Farmers	$3,190
LA Farm bureau	$4,417
State Farm	$5,235
USAA*	$2,120

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Shreveport for $300,000 dwelling coverage and $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.