
Even though it may seem ridiculous to pay a lot for homeowners insurance, half of Louisianans will spend more than 30% on utilities and rent. Yet, we must remember that a policy protects our most valuable asset - our homes! The best way to make sure you're financially secure in the event of a loss to your Louisiana home is to purchase the lowest homeowners insurance.
The Hanover
The Hanover is a large holding company that includes several Property and Casualty insurance companies. It is one the largest insurance companies in the nation and offers a variety of insurance products. Despite the company's high financial rating, many customers are unhappy with its customer service and claims. NerdWallet rates homeowners' insurance companies on their customer satisfaction levels and consumer complaints. You can submit a review if you have had a bad experience with a company to let other people know about it.
USAA is considered the second-cheapest plan
USAA is the best option if you are looking for the lowest homeowners insurance in Louisiana. A USAA policy costs $1,724, which compares to the national average of $1.796. USAA premiums tend to be slightly higher than the Allstate and State Farm policies. The cost of the policy is based upon a 40-year-old homeowner with a $300,000.00 liability coverage and a $1,000 deductible.
USAA is an FAIR plan
FAIR Plans provide insurance coverage for high-risk properties. These areas are often high-risk and prone to crime. These areas might also be prone to high levels of crime and disrepair. FAIR Plans may require that you take extra steps to improve your home. It might be necessary to upgrade your wiring or install an alarm.

Hanover provides service line coverage, water back coverage and guaranteed replacement cost coverage
The Hanover provides homeowners with a variety of coverage options. It offers homeowners insurance that includes deductible waivers and multiple insured items. You can also get coverage for multiple types of damage. If you need to make a claim, you can file through the company's website.