Compare 71202 Home Insurance Rates

Are you looking to easily compare home insurance prices online for your home in the 71202 area? The average homeowners premium in Louisiana for a standard homeowners policy is around $1,545/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 71202 zip code, the population size is around 27,535 with 9,111 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 71202.

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 Monroe, LA Homeowners Insurance. Compare companies, quotes, coverages and more.

Avg. LA Rate	Discounts	Savings	Shop Rates
$2,038	up to 40% off	$815	Get Monroe, LA Rates!

71202 Home Insurance Average Premiums

Local 71202 homeowners insurance quotes comparison

$1295 /yr.

Shows Zip Code: 71202 lowest rates with discounts applied on average.

For the 71202, 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)	$1295 /yr.
Average Coverage:	$1545 /yr.
2600 sq. ft. or higher (all discounts applied)	$1845 /yr.

What is the average home insurance cost for a home in 71202?

• The average homeowners insurance premium paid annually for a home in 71202 is around $1545 per year.

What does it cost on average per month for home insurance in 71202?

• Homeowners in 71202 pay a monthly average cost per month around $129.00.

What kind of discount could I get if I combine my home and auto insurance together in 71202?

• Autoowners in 71202 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 Monroe area, check out other zip codes nearby 71202.
Review average rates in another zip code:
71203 homeowners insurance rates
71209 homeowners insurance rates
71202 homeowners insurance rates
71201 homeowners insurance rates

Home Replacement Cost Coverage in 71202

Average Building Cost Per Square Foot in 71202: $122

Location: Monroe, Louisiana (Ouachita County)

Average Square Footage in 71202: 557 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 71202 before you start any project. Monroe 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 71202 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 71202 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 557 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 Monroe 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	557	$67,900
Additional Upgrades & Added Features	$153	557	$84,875
Major Home Updates or Advancements	$183	557	$101,850

Calculate Your Dwelling Coverage in 71202

It's important to understand that when you estimate your replacement cost of your home in the 71202 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 71202

Sanders- Tausha S

Address: 1605 Arizona Ave Monroe, LA 71202
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

Augurson- Cornelius

Address: 1001 Century Blvd Monroe, LA 71202
Phone:
Website:
Info:

Housing Demographics for 71202

Population Review for 71202 Zip Code

For the city of Monroe, the population within 71202 has increased to over 27,004 residents in population size. The current population total is 27,535. We have broken down the population based on race below. In 71202, there are over 12987 in male population and 14548 females.

Population	Values
Total Population	27,535
White Population	2581
Black Population	23015
Hispanic Population	1118
Asian Population	257
Hawaiian Population	6
Indian Population	53
Other Population	907
Male Population	12987
Female Population	14548
Population Estimate	27004

Household Data for 71202

The average number of homes in 71202 is around 9,111, there are an average of 2.72 per household. The average house value according to local real estate values is around $67,900. Please review the following demographics below for average income and media age.

Housing / Income Data	Values
Households Per Zipcode	9,111
Persons Per Household	2.72
Average House Value	$67,900
Income Per Household	$24866
Median Age	33.6
Median Age Male	31.5
Median Age Female	35.6

71202 Details	Values
State	LA
State Full Name	Louisiana
City Type	P
City Alias Abbreviation
Area Code	318
City	Monroe
City Alias Name	MONROE
County	Ouachita
County FIPS	073
State FIPS	22
Time Zone	6
Day Light Saving	Y
MSA	5200
PMSA
CSA	384
CBSA	33740
CBSA_DIV
CBSA_Type	Metro
CBSA_Name	Monroe, LA
MSA_Name	Monroe, LA MSA
PMSA_Name
Region	South
Division	West South Central
MailingName	Y

Economic & Growth Review	Values
Number Of Businesses	253
Number Of Employees	3498
Business First Quarter Payroll	29481
Business Annual Payroll	129112
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	176441
CBSA Division Population	0
Congressional District	05
Congressional LandArea	14452.88
Delivery Residential	9928
Delivery Business	544
Delivery Total	11309
Preferred Last Line Key	Y24156
Classification Code
Multi-County
CSA Name	Monroe-Ruston, LA
CBSA_DIV_Name
City State Key	Y24156
Land Area	115.439000
Water Area	3.567000
City Alias Code
City Mixed Case	Monroe
City Alias Mixed Case	Monroe
Box Count	0
SFDU	8917
MFDU	741
State ANSI	22
County ANSI	073
ZIP Intro
Alias Intro
Facility Code	P
City Delivery Indicator	Y
Carrier Route Rate Sortation	D
Finance Number	216175
Unique ZIP Name
SSA State County Code	19360
Medicare CBSA Code	33740
Medicare CBSA Name	Monroe, LA
Medicare CBSA Type	Metro
Market Rating Area ID	7
County Mixed Case	Ouachita

Louisiana Homeowners Insurance News & Information

2025 Florida Home Insurance Rates Could Increase Posted on Tuesday 14th January, 2025
While many state legislators, industry leaders and insurance regulators have been claiming that the insurance market in Florida has stabilized, it looks like premiums may be headed up again in the near future. According to an analysis by the South Florida Sun Sentinel, the average statewide premium, being paid for an all-perils single-family home policy […]
Economists Top 5 Housing Predictions for 2025 Posted on Monday 6th January, 2025
Housing costs are currently sky-high, regardless of whether you are renting or in the market to buy a home. According to the latest data from the U.S Cenus, the median sales price for a single-family home was $437,300, which is up from $426,800 a month prior. On the rental front, the median price for rent […]
Do homeowners insurance policies have loopholes? Posted on Monday 30th December, 2024
Homeowners insurance is a necessity to help protect your home, but there can be coverage gaps that you may not be aware of which can leave you unprotected. Flood and earthquake damage along with mold and other issues are excluded from most standard homeowners insurance policies. Here are some common exclusions that could leave you […]

Home Insurance Quotes in 71202!