Is life really sweeter in Youngsville, LA? There’s plenty of evidence to argue that it is. The city is in the heart of southwest Louisiana, so you know you’re going to find good food and friendly people. Add in a booming economy that offers lots of opportunity and you can see why people are flocking to Youngsville.
But Youngsville’s location also puts it smack dab in the middle of Hurricane Alley, so residents need to be prepared for the annual storm season. Putting together supplies and hardening their homes is step one. The next step is getting quality Louisiana home insurance. Without it, homeowners could be left covering damages out of their own pocket.
Unfortunately, homeowners insurance in Youngsville, LA can be pricey. Let’s take a look at what the can cost and how Kin* can help.
How much does homeowners insurance in Youngsville, LA cost?
Louisiana almost always sits near or at the top of the list for states with the most expensive home insurance. Our most recent data shows the average Louisiana homeowner pays more than $2,000 per year to insure their home.
Chances are the typical Youngsville homeowner pays that much – if not more – because of its location. Being in the path of storms means homeowners in Youngsville are more likely to file catastrophe claims, and that pushes insurance premiums up.
However, location is only one of several factors that impact insurance premiums. Others include:
- The age of your home.
- The value of your personal property.
- The shape and condition of your roof.
- Your proximity to other risks.
How Kin can help Youngsville homeowners save money
Like all homeowners insurance policies, the coverage we sell has premiums based on how much risk a home faces. Most insurance companies group homes in fairly large categories when assessing risk, so sometimes a homeowner who has less risk than their neighbor ends up paying the same rate.
Policies purchased through Kin are different. Their premiums are based on more granular insurance data so that they accurately reflect the risk of each individual homeowner. As a result, these policies are often cheaper than the competition.
What does Youngsville home insurance cover?
Homeowners insurance in Youngsville, LA is a policy that protects against common perils that may cost you money, such as theft, fire, and windstorm. Policies through Kin typically include six specific coverage parts:
Youngsville homeowners can get policies that include hurricane insurance to protect them from losses caused by a named storm. There’s an additional hurricane deductible that you need to select when starting a policy.
Unique risks for Youngsville homeowners
As we already mentioned, Youngsville sits in Hurricane Alley . While it was spared serious damage when Hurricane Ida passed north of it, homeowners did experience damage from Hurricane Delta.
On top of hurricane damage, Louisiana as a whole has seen an uptick in tornadoes. From 2000 to 2009, the state averaged 44 twisters per year. That number has crept up to the current annual average of 55.
Floods are another risk to Youngsville homeowners. In August of 2016, the area saw 20 inches of rain that caused major flooding. Youngsville alone had more than 600 homes with significant damage. This peril is not covered by most homeowners insurance policies. Instead, you need flood insurance to handle the claims caused by rising waters.
Tips for lowering Youngsville home insurance costs
One way you can save money on your homeowners insurance in Youngsville, LA is to ask about discounts. Some people have gotten discounts when they:
Another strategy to save money on insurance premiums is to increase your deductible. However, you want to choose a deductible that you can afford to pay even if you have a catastrophic claim.
Policies through Kin offer the following AOP 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 insured in Youngsville 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.
