Compare 70501 Home Insurance Rates Today!

Compare multiple home insurance rates for your home in Lafayette just got easier with the quick quoting system provided by GetHomeInsuranceQuotes.com. We make it easier for you and your 11,336 neighbors looking to save on their home insurance policy in the local 70501 zip code area. Our process is very simple, easy to use and hassle free. We help you shop and compare competitive rates for your home in 70501. So how do we provide affordable home insurance quotes? We use your home details from our online quoting application to compare the best Louisiana rates and coverage options with over 12 major carriers. Then we evaluate the best coverage and apply all the discounts and credits to help you save an additional 40%. We do all of this and more and our service online or over the phone is free. Let us help you compare your Lafayette, LA home insurance rates today!

For more information about homeowners insurance, like average home insurance rates, coverage options or home insurance types, please select Home Insurance Rates in Lafayette, LA

70501 Home Insurance Average Premiums

Local 70501 homeowners insurance quotes comparison

$1279 /yr.

Shows Zip Code: 70501 lowest rates with discounts applied on average.

For the 70501, 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)	$1279 /yr.
Average Coverage:	$1529 /yr.
2600 sq. ft. or higher (all discounts applied)	$1829 /yr.

What is the average home insurance cost for a home in 70501?

• The average homeowners insurance premium paid annually for a home in 70501 is around $1529 per year.

What does it cost on average per month for home insurance in 70501?

• Homeowners in 70501 pay a monthly average cost per month around $127.00.

What kind of discount could I get if I combine my home and auto insurance together in 70501?

• Autoowners in 70501 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 Lafayette area, check out other zip codes nearby 70501.
Review average rates in another zip code:
70507 homeowners insurance rates
70501 homeowners insurance rates
70506 homeowners insurance rates
70508 homeowners insurance rates
70503 homeowners insurance rates

Home Replacement Cost Coverage in 70501

Average Building Cost Per Square Foot in 70501: $122

Location: Lafayette, Louisiana (Lafayette County)

Average Square Footage in 70501: 849 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 70501 before you start any project. Lafayette 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 70501 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 70501 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 849 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 Lafayette 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 Status	Price per Sq. Ft.	Square Feet	Dwelling Coverage
Basic Home Features	$122	849	$103,600
Additional Upgrades & Added Features	$153	849	$129,500
Major Home Updates or Advancements	$183	849	$155,400

Calculate Your Dwelling Coverage in 70501

It's important to understand that when you estimate your replacement cost of your home in the 70501 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 Home & Auto Insurance Agencies in 70501

Direct General Insurance Agency Inc

Address: 2037 NW Evangeline Thwy Lafayette, LA 70501
Phone:
Website:
Info:

Cohen- G Michael - State Farm Insurance Agent

Address: 2514 Moss St Lafayette, LA 70501
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

Safeway Insurance Of Louisiana

Address: 200 W Congress St Lafayette, LA 70501
Phone:
Website:
Info:

State Farm Bank

Address: 109 Center St Lafayette, LA 70501
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

Herman Venable Insurance Agency Inc

Address: 1027 Johnston St Lafayette, LA 70501
Phone:
Website:
Info:

Housing Demographics for 70501

Population Review for 70501 Zip Code

For the city of Lafayette, the population within 70501 has increased to over 31,220 residents in population size. The current population total is 28,721. We have broken down the population based on race below. In 70501, there are over 14064 in male population and 14657 females.

Population	Values
Total Population	28,721
White Population	6256
Black Population	20778
Hispanic Population	926
Asian Population	144
Hawaiian Population	9
Indian Population	103
Other Population	394
Male Population	14064
Female Population	14657
Population Estimate	31220

Household Data for 70501

The average number of homes in 70501 is around 11,336, there are an average of 2.39 per household. The average house value according to local real estate values is around $103,600. Please review the following demographics below for average income and media age.

Housing / Income Data	Values
Households Per Zipcode	11,336
Persons Per Household	2.39
Average House Value	$103,600
Income Per Household	$28067
Median Age	37.5
Median Age Male	36.2
Median Age Female	38.9

70501 Details	Values
State	LA
State Full Name	Louisiana
City Type	P
City Alias Abbreviation
Area Code	337
City	Lafayette
City Alias Name	LAFAYETTE
County	Lafayette
County FIPS	055
State FIPS	22
Time Zone	6
Day Light Saving	Y
MSA	3880
PMSA
CSA	318
CBSA	29180
CBSA_DIV
CBSA_Type	Metro
CBSA_Name	Lafayette, LA
MSA_Name	Lafayette, LA MSA
PMSA_Name
Region	South
Division	West South Central
MailingName	Y

Economic & Growth Review	Values
Number Of Businesses	801
Number Of Employees	14974
Business First Quarter Payroll	154362
Business Annual Payroll	695529
Business Employment Flag
Growth Rank	0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number	0
Growth Increase Percentage	0.0

Metropolitan Details	Values
CBSA Population	273738
CBSA Division Population	0
Congressional District	03
Congressional LandArea	6983.32
Delivery Residential	13063
Delivery Business	1510
Delivery Total	14996
Preferred Last Line Key	Y23984
Classification Code
Multi-County
CSA Name	Lafayette-New Iberia-Opelousas, LA
CBSA_DIV_Name
City State Key	Y23984
Land Area	15.310000
Water Area	0.042000
City Alias Code
City Mixed Case	Lafayette
City Alias Mixed Case	Lafayette
Box Count	0
SFDU	10320
MFDU	1000
State ANSI	22
County ANSI	055
ZIP Intro
Alias Intro
Facility Code	P
City Delivery Indicator	Y
Carrier Route Rate Sortation	D
Finance Number	214979
Unique ZIP Name
SSA State County Code	19270
Medicare CBSA Code	29180
Medicare CBSA Name	Lafayette, LA
Medicare CBSA Type	Metro
Market Rating Area ID	3
County Mixed Case	Lafayette

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 […]

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