Whether they want to tube down the Amite River, hit a local farmers’ market, or take in a community festival, suburban Denham Springs' 9,286 residents have plenty to of ways to entertain themselves. However, the 60 percent of residents who own homes know the town’s location presents some risks. The area’s threat for annual hurricanes and year round thunderstorms means Louisiana homeowners insurance is an absolute must.
That risk also makes homeowners insurance expensive. But that’s where we come in. Our technology makes getting homeowners insurance in Denham Springs easy and affordable. Read on to see how much you might save.
The cost of homeowners insurance in Denham Springs
Louisiana homeowners pay some of the highest premiums in the US for their home insurance. That holds true in Denham Springs, where the average policy costs nearly $2,000 per year. Compare that to the average annual homeowners insurance premiums our customers see in Denham Springs: $1,599.
Home insurance premiums can vary quite a bit, partly because they’re based on several characteristics that every provider weighs differently. For example, the limits you select for your dwelling coverage plays a large role in your costs.
But that’s not the only characteristic of your policy or home that insurers consider. They might also look at your home’s:
- Age.
- Square footage.
- Building materials.
- Claims history.
The policies Kin* sells in Denham Springs are rated using thousands of data points. This means the premium is customized to your home’s particular risks.
What home insurance in Denham Springs covers
Homeowners insurance in Denham Springs provides financial protection if you experience damage from a covered peril. There are six basic coverages that all home insurance policies offer, each kicking in depending on the circumstances of the claim and the terms of your policy:
- Replacement-cost dwelling coverage: Helps you rebuild your home in a covered claim.
- Other structures coverage: Covers damage to structures on your property that aren’t attached to your home, like a gazebo or detached garage.
- Personal property coverage: Can help pay to repair or replace your personal belongings, such as appliances and electronics.
- Loss of use coverage: Usually covers some of your additional living expenses if you’re displaced from your home during a covered claim.
- Personal liability coverage: Helps pay your costs if someone claims you’re responsible for their injuries or property damage.
- Medical payments coverage: Pays guests’ immediate medical expenses if they’re injured on your property.
People often ask if we offer hurricane insurance. To be clear, there isn’t a single hurricane insurance policy, but wind damage caused by named storms is covered by every homeowners policy available through Kin. Plus, you’ll have several options for your hurricane deductible.
Flood damage caused by a hurricane, however, is a different story. For that, you’ll need flood insurance.
Unique risks for Denham Springs homeowners
When Hurricane Ida made its way through Denham Springs in August 2021, the area saw damaged homes, downed trees, and a lot of debris in the streets. Unfortunately, such scenes are common for Denham, even if storms weaken before reaching the area, so homeowners need to be prepared for the worst-case scenarios.
Denham Springs also has a high risk for flooding. Flood maps for the area show flood zones through most of Livingston Parish, including several designated as Special Flood Hazard Areas (SFHA) by the Federal Emergency Management Agent. Homeowners in SFHAs often need flood insurance before they can get a mortgage.
How to save on homeowners insurance in Denham Springs
One of the best ways to lower the cost of homeowners insurance in Denham Springs is to ask about discounts. Homeowners who have purchased coverage through us have earned discounts by:
You can also curb homeowners insurance costs by choosing higher deductibles. This means you take on more financial risk in a claim, so make sure you have the means to pay your portion if you suffer a loss.
We offer the following options for both standard deductibles and hurricane deductibles:
- $500
- $1,000
- $2,500
- $5,000
- $7,500
- $10,000
- Or 1%, 2%, 3%, 4%, 5%, or 10% of Coverage A
If you have any questions about getting homeowners insurance in Denham Springs or would like a quote, enter your address or call us at 855-717-0022.
*Kin is Kin Insurance Network Distributor, LLC, a licensed surplus lines producer.
