Laredo Homeowners Insurance

The Zebra
Aug. 26, 2019

Find cheap homeowners insurance in Laredo


Home insurance should be a critical consideration for every homeowner. It covers your dwelling — and the personal property within it — against a variety of perils, including fire, theft, vandalism, or wind damage. Incidents like this occur often. When paired with the high cost of repairing or rebuilding a house, purchasing a robust homeowners policy can seem like a smart idea.

What you pay for homeowners insurance factors in variables such as the cost of building materials, the value of your personal belongings, and the overall value of the primary dwelling. Location also plays a role in determining the price of your homeowners insurance policy. In areas prone to perils like hail, frozen pipes, volcanoes, or fire, home insurance policies may be more expensive to account for the extra risk. Discover more information about what a home insurance policy covers.

If you want to find cheap home insurance coverage in Laredo, start with shopping around and comparing a variety of different policies. Take a look at the summary below showing average Laredo homeowners insurance premiums to ensure you start your search with as much background info as possible. One thing to note is that the yearly cost of home coverage is determined based on your chosen coverage limits as well as a number of other rating factors.


Laredo, Texas, homeowners insurance:
  1. Rates by company
  2. Rates by coverage level
  3. Rates by ZIP code
  4. Insurance bundle discounts

Homeowners insurance in Laredo by insurance company

What you pay for homeowners insurance in Laredo will depend on the insurance company you get your policy through. The most affordable home insurance in Laredo is Texas Farmers offering average annual rates at just $170 per year. This is considerably cheaper than the city’s average homeowners premium of $2,106.

Have a look at the cheapest insurance companies in Laredo, Texas to find the right homeowners policy for you.


AFFORDABLE HOMEOWNERS INSURANCE COMPANIES IN LAREDO
CompanyAverage Annual Rate
Texas Farmers$170
United$955
ASI Lloyds$1,316
Safeco$1,594
USAA$2,175

Average home insurance costs in Laredo by coverage level

How much you pay for home insurance coverage is greatly affected by the level of coverage you choose. In Laredo, carrying $200K dwelling coverage costs an average of $1,476, while carrying additional coverage up to $400K costs $2,560 per year.


HOMEOWNERS INSURANCE RATES IN LAREDO — POPULAR COVERAGE LIMITS
Coverage LevelAverage Annual Rate
$200K Dwelling$1,476
$400K Dwelling$2,560

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Laredo home insurance prices by ZIP code

Home insurance premiums can vary depending on what part of Laredo in which you live. One of the factors that insurers use when pricing your policy is the number of claims filed in your surrounding area. As such, the neighborhood you live in can drastically impact your home insurance premium.

If you're looking for the cheapest home insurance premiums in Laredo, take at look at the 78045 ZIP code. In the 78045 area, homeowners coverage usually costs just $2,013 per year, which isa full $92 less than the overall average for Laredo. The below table shows the best places to live in Laredo if you’re looking for affordable homeowners insurance.


AFFORDABLE AREAS FOR HOMEOWNERS INSURANCE IN LAREDO
ZIP CodeAverage Annual Home Insurance Rate
78045$2,013
78040$2,018
78041$2,024

Some parts of Laredo, however, are prone to home insurance costs that are higher on average. These areas of the city could be more prone to perils such as theft, severe weather, or fires that present more risk for insurance companies. With an annual average premium of $2,908, 78049 comes in as the costliest ZIP code in Laredo for homeowners coverage.


EXPENSIVE AREAS FOR HOMEOWNERS INSURANCE IN LAREDO
ZIP CodeAverage Annual Home Insurance Rate
78049$2,908
78043$2,029
78046$2,026



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Money-saving tip: bundle home and auto insurance in Laredo

If saving money is your main concern, it might be worth insuring your home and auto through the same insurance company. Bundling homeowners and auto insurance can be a good money-saving option. Bundling policies in Laredo could, in fact, lead to average annual savings of 7%.


CHEAPEST AUTO INSURANCE RATES WITH HOME BUNDLE IN LAREDO
CompanyAvg. Annual Auto Insurance Rate (Bundle)
State Farm$1,171
USAA$1,308
Allstate$1,989
Progressive$2,068
GEICO$2,663

It's definitely worth considering bundling both your auto and home policies as a potential way of saving money. To speak with an insurance professional, call 855-493-9728 today.


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