70506, LA Home Insurance

In the zip code of 70506, the population size is around 39,801, which consists of 17,656 occupied homes in your area. We often hear homeowners ask us what the average home insurance premiums are for residence living in Lafayette, LA. A few years ago, a study was done and found that the average home insurance rates for Louisiana are around $1,569 per year for a standard homeowners policy. At GetHomeInsuranceQuotes.com, we help homeowners find cheaper rates and better coverage for an existing or new home purchase opportunity. We have partnered with 12 major home insurance companies that have the most competitive rates for homes in the 70506 zip code location. Our savings model helps you not only save up to 40% or more, but also includes enhanced coverage options to help protect your home and family while livings in Lafayette. If you enter your zip code for the home you would like to shop and compare rates for today, we can help you review the premiums and coverage online or over the phone. Give us a call now at 1-855-976-2656 so we can help you compare rates today!

If you would like to review more information on rates within your area, please click Lafayette, LA Homeowners Insurance Online Rates Today!

Average Building Cost Per Square Foot in 70506: $122

Average Square Footage in 70506: 1,494 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 70506 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 70506 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 70506 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,494 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.

It's important to understand that when you estimate your replacement cost of your home in the 70506 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.

Patin Marty Lutcf

Allstate Insurance Company - Doreen Curtis

Montesano Insurance

Allstate Insurance Companies - Sales Offices- Lafayette

Allstate Insurance Company

A Freeman Insurance and Defensive Driving School

Michelle Leblanc - Allstate Agent

ACE Cash Express

Landry- Jodi B - State Farm Insurance Agent

Montesano Insurance

Household Data for 70506

The average number of homes in 70506 is around 17,656, there are an average of 2.24 per household. The average house value according to local real estate values is around $182,300. Please review the following demographics below for average income and media age.

• What causes North Carolina home insurance to go up? Posted on Monday 7th July, 2025

  A homeowner in North Carolina was greeted with a nasty surprise this year, a 41% increase in his insurance premium.  On average, homeowners in North Carolina saw a rate jump of 7.5% on June 1st due to a settlement reached by the North Carolina Department of Insurance but this certainly doesn’t explain a 41% increase.  Doug Corkhill is […]

• Is the U.S. Home Buying Market Going to Drop in 2025? Posted on Friday 4th July, 2025

  A recent report from the Harvard Joint Center for Housing Studies found that U.S. homebuying has dropped to its lowest levels since the mid-1990s. The report, The State of the Nation’s Housing 2025 blames record high real estate prices combined with higher interests for the drop in home sales.  While high home prices and elevated interest rates […]

• Florida Homeowners Are Concerned About Property Insurance Crisis Posted on Tuesday 1st July, 2025

  Insurance rates are rising at unprecedented rates, causing millions of people to struggle with the new premiums.  In the last three years, insurance rates have doubled in some areas. Homeowners fear for their houses while their representatives in Congress struggle to help.  Insurers are pulling out of states like Florida as damaging hurricanes and powerful […]