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Louisiana Home Insurance And Saving Money

If you need Louisiana home insurance, keep in mind that there are some ways to save money. This is even after the devastating hurricanes in 2005.

Those terrible storms did show how important home insurance is for protecting your property, and your possessions and legal liability. One peril that typical homeowners insurance does not insure against is flood. You need to purchase a separate flood policy through the National Flood Insurance Program through the Federal Emergency Management Agency (FEMA).

One of the best ways to save on home insurance in Louisiana is to shop around for comparison quotes. This is because rates vary quite a bit from one company to the next and shopping can save you hundreds. One place you can start is the Web site for the Louisiana Department of Insurance. They have a Homeowners Rate Comparison guide which shows rates based on a certain type of home in various cities such as Houma, New Orleans, Lake Charles, Baton Rouge, Monroe, Slidell, Shreveport and more.

This just gives you a ballpark comparison, however. To really see how you can save, you'll need to get at least three different quotes based on your property and possessions.

One of the most convenient ways to do this is to visit an insurance comparison Web site. These sites don't represent a single company and will look for the lowest quotes from companies doing business where you live. You only need to fill out an online form once to get several quotes back.

Or, you can go through the list of companies on the insurance department's site and contact them individually for quotes. A lot of times they have a toll-free number or a Web site. Whichever way you chose, make sure you provide the same information to each regarding your coverages and deductibles to get the most accurate comparison.

Some of the other ways to lower your homeowners insurance costs include raising your deductible, upgrading your electrical and plumbing, repairing or replacing your roof, installing a fire alarm system and more. And be sure to ask about any available discounts.

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