Laredo Homeowners Insurance

Find affordable homeowners insurance in Laredo


Home insurance is an important part of owning a home. It covers your dwelling — and the personal property within it — against a variety of perils, including fire, theft, vandalism, or wind damage. Given the relatively frequent occurrence of these incidents and the sizeable cost of replacing a home, having a home insurance policy is a solid investment.

The price of a homeowners insurance policy depends on many factors. This can include the overall value of your house, the value of your personal belongings, and the materials that were used when building your home. Your home's location can also impact how much you pay, as some locations are more prone to destructive hazards. If your area is at risk of being affected by hail, strong winds, fire, frozen pipes, or volcanic activity, then your premiums could be substantially higher than average. Discover more about what your homeowners insurance policy covers.

If you want to find cheaper home insurance coverage in Laredo, start with shopping around and comparing policies. Check out the below summary of average home insurance premiums in Laredo to begin your homeowners insurance search with as much knowledge as possible. It's important to remember that the cost of your homeowners insurance is often based on the coverage limits you choose as well as a variety of other factors.


Laredo, Texas, homeowners insurance — table of contents:
  1. Rates by insurer
  2. Rates by coverage level
  3. Rates by neighborhood
  4. Rates by deductible amount
  5. Bundling discounts

Home insurance in Laredo by company

Homeowners insurance rates in Laredo vary from one insurance company to another. 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.

To get started with your homeowners insurance policy search, take a look at this list of the cheapest companies in Laredo, Texas.


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

Average homeowners insurance costs in Laredo by coverage amount

The amount of home coverage you select has an impact on your insurance premiums. In Laredo, carrying $200K dwelling coverage costs an average of $1,476, while carrying additional coverage up to $400K costs $2,701 per year.


HOMEOWNERS INSURANCE RATES IN LAREDO — POPULAR COVERAGE LIMITS
Coverage LevelAverage Annual Rate
$100,000 Dwelling$1,005
$200,000 Dwelling$1,476
$250,000 Dwelling$1,862
$400,000 Dwelling$2,701

Compare Homeowners Insurance Rates

Laredo home insurance prices by ZIP code

Home insurance premiums can vary depending on what area of Laredo in which you live. Policies are often priced on local variables such as the number of claims filed in the immediate area, meaning the neighborhood in which you live could have a major impact on how much you pay to insure your home.

The cheapest home insurance rates in Laredo are available in 78045. In 78045, the typical home insurance policy costs $2,013 per year — $92 less than the citywide average in Laredo. Find the best places to live in Laredo for cheap home insurance by looking at the following table.


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

On the other hand, some areas of Laredo face higher homeowners insurance costs, on average. These areas might face a higher danger of perils such as severe weather and fires. Similarly, they may also have a higher amount of crimes such as burglary or vandalism. The most expensive ZIP code for homeowners insurance in Laredo is 78049, where the average annual rate is $2,908.


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

Homeowners insurance deductibles in Laredo

Homeowners face a number of choices when shopping for a home insurance policy, including how much their deductible should be. A homeowners deductible is how much your insurance requires you to pay out of pocket toward a claim. Choosing your deductible can have a major impact on how much you pay for homeowners insurance.

When considering your homeowners deductible, a good rule of thumb is that the lower your deductible, the higher your premiums. Therefore, if you are aiming for lower home insurance rates, it pays to keep your deductible higher. Remember that your deductible should not be set at an amount that you would have difficulty paying in the event of a loss.

Below are some standard deductibles offered by most home insurance companies as well as with corresponding average insurance rates.


HOMEOWNERS INSURANCE RATES BY DEDUCTIBLE IN LAREDO
Deductible LevelAverage Annual Homeowners Insurance Rate
$500$1,976
$1,000$1,862
$1,500$1,801
$2,000$1,679
$5,000$1,450

Looking for a money-saving tip for insurance in Laredo? Try bundling

If saving money is your main concern, it might be worth insuring your home and auto through the same insurance company. Bundling home and auto insurance is one way to save substantially on your monthly car insurance premiums. In fact, bundling policies in Laredo leads to average annual savings of 7%.


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

A great way to save on insurance is to bundle your home and auto policies with the same insurance company.


Find an Insurance Policy

Ava Lynch LinkedIn

Based in Austin, TX, Ava has been in the insurance industry as a licensed agent for 4-plus years. Ava is currently one of The Zebra’s resident property insurance experts and has been featured in publications such as US News Report, GasBuddy, and Yahoo! Finance.