Compare quotes for your home in 70538! Compare the best 12 carriers in minutes.
Compare 70538 Home Insurance Rates
Are you looking to easily compare home insurance prices online for your home in the 70538 area? The average homeowners premium in Louisiana for a standard homeowners policy is around $1,527/yr., paid annually through your mortgage provider if your home is not currently paid in full. A standard policy for your home is referred to as an HO-3 policy which is the most common homeowners policy. This type of policy covers all perils, but will exclude certain major perils like flood and earthquake damage. The exceptions are listed on your current policy so it is important to know what type of coverage you currently have so you can compare the best home insurance rates, companies and policy protection. In the 70538 zip code, the population size is around 12,604 with 4,907 currently occupied homeowners. Our online quoting process helps make it easy for you to shop and compare the best home insurance rates for your home in 70538.
Please give us a call now at 1-855-976-2656, and easily get up to 12 rates over the phone in minutes. Easily shop the best rates for Franklin, LA Homeowners Insurance. Compare companies, quotes, coverages and more.
| Avg. LA Rate | Discounts | Savings | Shop Rates |
|---|---|---|---|
| $2,038 | up to 40% off | $815 |
70538 Home Insurance Average Premiums
$1277 /yr.
Shows Zip Code: 70538 lowest rates with discounts applied on average.
For the 70538, 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) | $1277 /yr. |
| Average Coverage: | $1527 /yr. |
| 2600 sq. ft. or higher (all discounts applied) | $1827 /yr. |
What is the average home insurance cost for a home in 70538?
- • The average homeowners insurance premium paid annually for a home in 70538 is around $1527 per year.
What does it cost on average per month for home insurance in 70538?
- • Homeowners in 70538 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 70538?
- • Autoowners in 70538 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 Franklin area, check out other zip codes nearby 70538.
Review average rates in another zip code:
70538 homeowners insurance rates
Home Replacement Cost Coverage in 70538
Average Building Cost Per Square Foot in 70538: $122
Location: Franklin, Louisiana (Saint Mary County)Average Square Footage in 70538: 754 Sq. Ft.
When building or updating a home, it's always good to review the average cost per square foot to build in 70538 before you start any project. Franklin 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 70538 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 70538 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 754 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 Franklin 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 | 754 | $92,000 |
| Additional Upgrades & Added Features | $153 | 754 | $115,000 |
| Major Home Updates or Advancements | $183 | 754 | $138,000 |
It's important to understand that when you estimate your replacement cost of your home in the 70538 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 70538
Allstate Insurance - Winn Prather
Address: 1516 Hospital Avenue Franklin, LA 70538Phone: (337)828-0587
Website:
Hebert & Thomson Insurance Agency
Address: 315 Main Street Franklin, LA 70538Phone: (337)828-0580
Website:
Thomson Craig Insurance & Real Estate
Address: 315 Main Street Franklin, LA 70538Phone: (337)828-0580
Website:
Best Home & Auto Insurance Agencies in 70538
Thomson Craig Insurance & Real Estate
Address: 315 Main St Franklin, LA 70538Phone:
Website:
Info:
Allstate Insurance - Winn Prather
Address: 1516 Hospital Ave Franklin, LA 70538Phone:
Website:
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Brown Insurance Agency
Address: 109 Wilson St Franklin, LA 70538Phone:
Website:
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Baldwin Realty
Address: 706 Main St Franklin, LA 70538Phone:
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Purpera- Phillip F
Address: 614 Main St Franklin, LA 70538Phone:
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Housing Demographics for 70538
Population Review for 70538 Zip Code
For the city of Franklin, the population within 70538 has increased to over 12,765 residents in population size. The current population total is 12,604. We have broken down the population based on race below. In 70538, there are over 6107 in male population and 6497 females.
| Population | Values |
|---|---|
| Total Population | 12,604 |
| White Population | 5682 |
| Black Population | 5892 |
| Hispanic Population | 520 |
| Asian Population | 73 |
| Hawaiian Population | 2 |
| Indian Population | 144 |
| Other Population | 274 |
| Male Population | 6107 |
| Female Population | 6497 |
| Population Estimate | 12765 |
Household Data for 70538
The average number of homes in 70538 is around 4,907, there are an average of 2.50 per household. The average house value according to local real estate values is around $92,000. Please review the following demographics below for average income and media age.
| Housing / Income Data | Values |
|---|---|
| Households Per Zipcode | 4,907 |
| Persons Per Household | 2.50 |
| Average House Value | $92,000 |
| Income Per Household | $40304 |
| Median Age | 42.3 |
| Median Age Male | 40.8 |
| Median Age Female | 44.1 |
| 70538 Details | Values |
|---|---|
| State | LA |
| State Full Name | Louisiana |
| City Type | P |
| City Alias Abbreviation | |
| Area Code | 337 |
| City | Franklin |
| City Alias Name | FRANKLIN |
| County | Saint Mary |
| County FIPS | 101 |
| State FIPS | 22 |
| Time Zone | 6 |
| Day Light Saving | Y |
| MSA | |
| PMSA | |
| CSA | |
| CBSA | 34020 |
| CBSA_DIV | |
| CBSA_Type | Micro |
| CBSA_Name | Morgan City, LA |
| MSA_Name | |
| PMSA_Name | |
| Region | South |
| Division | West South Central |
| MailingName | Y |
| Economic & Growth Review | Values |
|---|---|
| Number Of Businesses | 209 |
| Number Of Employees | 3224 |
| Business First Quarter Payroll | 35222 |
| Business Annual Payroll | 157081 |
| 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 | 54650 |
| CBSA Division Population | 0 |
| Congressional District | 03 |
| Congressional LandArea | 6983.32 |
| Delivery Residential | 5106 |
| Delivery Business | 347 |
| Delivery Total | 6143 |
| Preferred Last Line Key | Y23741 |
| Classification Code | |
| Multi-County | |
| CSA Name | |
| CBSA_DIV_Name | |
| City State Key | Y23741 |
| Land Area | 229.904000 |
| Water Area | 30.411000 |
| City Alias Code | |
| City Mixed Case | Franklin |
| City Alias Mixed Case | Franklin |
| Box Count | 536 |
| SFDU | 4658 |
| MFDU | 176 |
| State ANSI | 22 |
| County ANSI | 101 |
| ZIP Intro | |
| Alias Intro | |
| Facility Code | P |
| City Delivery Indicator | Y |
| Carrier Route Rate Sortation | D |
| Finance Number | 213185 |
| Unique ZIP Name | |
| SSA State County Code | 19500 |
| Medicare CBSA Code | 99919 |
| Medicare CBSA Name | Rural Areas in LA |
| Medicare CBSA Type | Micro |
| Market Rating Area ID | 3 |
| County Mixed Case | Saint Mary |
Louisiana Homeowners Insurance News & Information
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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 […]
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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 […]
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$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 […]