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Searching for Homeowners Insurance in 70124

If you are a homeowners that lives in 70124 you may be searching for more affordable homeowners insurance in New Orleans. Insurance rates can change on a yearly basis so if your current insurer has raised your rates recently it may be time to shop your coverage and we can help.

GetHomeInsuranceQuotes.com makes shopping your insurance policy quick and easy for residents of New Orleans, LA. All you have to do is enter a bit of information about your home and we will gather 12 quotes from nationwide insurers, making sure that you get the best coverage levels and rates available.

Our Louisiana licensed agents will provide a free consultation to make sure you are fully protected as well as answer any questions you may have about policy options. Insurance can be complicated so it pays to have a professional walk you through your various policy choices. As always, our service is free.

Getting started is easy. Click the "Get Multiple Quotes Now" button, verify your zip code and start saving.

Get 70124 Home Insurance Rate Quotes Right Now!

You can easily compare rates for your home in ZIP starting an online quoting application to "get quotes". Or search additional New Orleans, LA home insurance quotes in your local city and review the most competitive coverages and premiums.

Check Out 70124 Home Insurance Costs: very high!

In New Orleans, homeowners are paying roughly $1481 per year for a HO-3 policy which is considered the standard for a single family home. In order to find the best policy at the best price, we compare rates from some of the most competitive insurers and present you with your best options for homeowners insurance coverage in 70124 zip code.

Our service is free and we never spam our clients so you only receive the information that you request. While all situations are different, in most cases, homeowners in New Orleans are saving up to 40 percent on their policy costs by using GetHomeInsuranceQuotes.com.

Start shopping for a 70124 policy right now!

70124 Home Insurance Average Premiums

Local 70124 homeowners insurance quotes comparison

$1231 /yr.

Shows Zip Code: 70124 lowest rates with discounts applied on average.

For the 70124, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$1231 /yr.
Average Coverage:$1481 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1781 /yr.

What is the average home insurance cost for a home in 70124?

  • • The average homeowners insurance premium paid annually for a home in 70124 is around $1481 per year.

What does it cost on average per month for home insurance in 70124?

  • • Homeowners in 70124 pay a monthly average cost per month around $123.00.

What kind of discount could I get if I combine my home and auto insurance together in 70124?

  • • Autoowners in 70124 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the New Orleans area, check out other zip codes nearby 70124.
Review average rates in another zip code:
70117 homeowners insurance rates
70126 homeowners insurance rates
70129 homeowners insurance rates
70123 homeowners insurance rates
70113 homeowners insurance rates
70118 homeowners insurance rates
70112 homeowners insurance rates
70119 homeowners insurance rates
70122 homeowners insurance rates
70115 homeowners insurance rates

Home Replacement Cost Coverage in 70124

Average Building Cost Per Square Foot in 70124: $122

Location: New Orleans, Louisiana (Orleans County)

Average Square Footage in 70124: 3,948 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 70124 before you start any project. New Orleans homeowners pay on average around $122 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 70124 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 70124 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 3,948 sq. ft. and the average cost to rebuild the home in this area is around $122 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the New Orleans area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$1223,948$481,700
Additional Upgrades & Added Features$1533,948$602,125
Major Home Updates or Advancements$1833,948$722,550

It's important to understand that when you estimate your replacement cost of your home in the 70124 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 70124

Allstate Insurance - Kenneth J. Taylor

Address: 902 Harrison Ave New Orleans, LA 70124
Phone: (504)486-5522
Website:

Best Home & Auto Insurance Agencies in 70124

Cosse- Rodney L - State Farm Insurance Agent

Address: 7037 Canal Blvd, #201 New Orleans, LA 70124
Phone:
Website:
Info:

Talamo- Larry J

Address: 6504 Spanish Fort Blvd New Orleans, LA 70124
Phone:
Website:
Info:

Cinquemano III- Anthony - State Farm Insurance Agent

Address: 6262 Pontchartrain Blvd New Orleans, LA 70124
Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards

Allstate Insurance - Kenneth J. Taylor

Address: 902 Harrison Ave New Orleans, LA 70124
Phone:
Website:
Info:

Allstate Insurance Company - Kenneth Taylor

Address: 7037 Canal Boulevard New Orleans, LA 70124
Phone:
Website: http://www.allstateagencies.com/029590?cid=OTC-YP.com-IYP&att=TL
Info:

Housing Demographics for 70124

Population Review for 70124 Zip Code

For the city of New Orleans, the population within 70124 has increased to over 25,024 residents in population size. The current population total is 22,777. We have broken down the population based on race below. In 70124, there are over 11072 in male population and 11705 females.

PopulationValues
Total Population22,777
White Population18666
Black Population856
Hispanic Population2065
Asian Population712
Hawaiian Population9
Indian Population51
Other Population375
Male Population11072
Female Population11705
Population Estimate25024

Household Data for 70124

The average number of homes in 70124 is around 9,355, there are an average of 2.43 per household. The average house value according to local real estate values is around $481,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode9,355
Persons Per Household2.43
Average House Value$481,700
Income Per Household$104563
Median Age37.7
Median Age Male37.5
Median Age Female37.8
70124 DetailsValues
StateLA
State Full NameLouisiana
City TypeP
City Alias Abbreviation
Area Code504
CityNew Orleans
City Alias NameNEW ORLEANS
CountyOrleans
County FIPS071
State FIPS22
Time Zone6
Day Light SavingY
MSA5560
PMSA
CSA406
CBSA35380
CBSA_DIV
CBSA_TypeMetro
CBSA_NameNew Orleans-Metairie, LA
MSA_NameNew Orleans, LA MSA
PMSA_Name
RegionSouth
DivisionWest South Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses551
Number Of Employees4384
Business First Quarter Payroll37083
Business Annual Payroll164209
Business Employment Flag
Growth Rank9
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number16911
Growth Increase Percentage4.9
Metropolitan DetailsValues
CBSA Population1167764
CBSA Division Population0
Congressional District01
Congressional LandArea4030.23
Delivery Residential10298
Delivery Business328
Delivery Total10922
Preferred Last Line KeyY24219
Classification Code
Multi-County
CSA NameNew Orleans-Metairie-Slidell, LA-MS
CBSA_DIV_Name
City State KeyY24219
Land Area6.687000
Water Area1.030000
City Alias Code
City Mixed CaseNew Orleans
City Alias Mixed CaseNew Orleans
Box Count0
SFDU9626
MFDU621
State ANSI22
County ANSI071
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number216565
Unique ZIP Name
SSA State County Code19350
Medicare CBSA Code35380
Medicare CBSA NameNew Orleans-Metairie, LA
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseOrleans

Louisiana Homeowners Insurance News & Information

  • 2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024

    According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges.  Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]

  • What’s the average home insurance rate for a $300K home in 2024? Posted on Monday 9th December, 2024

    A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly.  The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]

  • $4.5B Estimated In Insured Losses After 2024 Florida Hurricanes Posted on Wednesday 13th November, 2024

    According to the Florida Office of Insurance Regulation, the three hurricanes that made landfall this year have caused more than $4.5 billion in estimated insured losses. Hurricane Debby, Helene and Milton all hit the state within two months of each other Helene and Milton struck just two weeks apart. State data show that over 269,000 […]