Lafayette
337-446-2442
Caffery, Oubre, Campbell & Garrison, L.L.P.
New Iberia
337-352-2310
Service, Integrity, Results

Home risks, insurance rates and insurance laws differ from area to area

Different locations differ in a wide range of ways. This includes ways that can have big implications when it comes to homeowners’ insurance.

For one, locations vary in what risks homes in them are likely to face. For example, some areas may have a higher likelihood of seeing major natural disasters. Other areas may see higher crime or theft rates.

Also, locations vary in what insurance laws apply to policies and claims related to homes in them. This is because each state has its own set of insurance laws.

The specifics of a given location when it comes to things like the home risks that are present in it and what insurance laws apply to it can impact many things. This includes what the homeowners’ insurance rates are in the area. Such rates are influenced by a range of factors, including location-specific ones.

A recent survey points to how wide of variation there is in homeowners’ insurance rates here in the United States. The survey looked at premium levels in different zip codes. From the data compiled in the survey, estimates were made for the average annual premium level for these zip codes. Top five lists were then made for both the zip codes with the highest and the lowest premiums.

The zip codes in the top five for highest rates all showed average annual premiums of over $7000. Meanwhile, the codes in the top five for lowest rates all had average premiums of under $550.

No Louisiana zip code made the top five for lowest rates. One, however, made it for highest rates. This was 70091, a zip code for Venice, Louisiana. Its average annual homeowners’ insurance premium was $11,151, the second highest in the country, according to the survey.

Other things the specifics of a given area can impact include:

  • What claims issues are likely to come up for insurers who provide homeowners’ insurance in the area.
  • What things it can be important for insurers to keep in mind and do when disputes come up in connection to such claims issues.

So, when an insurer ends up in homeowners’ insurance claims dispute here in Louisiana, it can be critical for it to have the help of attorney very familiar with the unique aspects of handling such disputes in the state. Having a legal strategy tailored to these unique aspects can be of great importance when navigating such disputes.

No Comments

Leave a comment
Comment Information

contact us

With offices in Lafayette and New Iberia, our lawyers represent clients in state and federal courts throughout Louisiana. Contact us today to schedule your case assessment with one of our experienced attorneys. Email or call us at 337-446-2442 to reach our Lafayette office or call 337-352-2310 to reach our New Iberia office.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Lafayette Office
100 East Vermilion Street
Suite 201
Lafayette, LA 70501

Phone: 337-446-2442
Map & Directions

Lafayette Office

New Iberia Office
800 South Lewis Street
Suite 205
New Iberia, LA 70563

Phone: 337-352-2310
Map & Directions

New Iberia Office