Best Renters Insurance Companies in Lafayette, LA

Lafayette, LA Renters Insurance FAQs

• What kind of property risks may be encountered in Lafayette?

  Properties in Lafayette may be at risk for severe weather disturbances such as tornadoes, hurricanes, and storms. Properties can also be at risk for crimes, such as vandalism, theft, and burglary. Lafayette is considered one of the cities throughout the country with the most crime. Damage from negligence, flooding, and earthquakes is usually not covered.

• Does renter's insurance provide coverage if someone sues you in Lafayette?

  It depends. Lawsuits involving personal liability are covered by renter's insurance in Lafayette. Your insurance company will pay for damages and legal fees if someone sues you for property damage and bodily injuries. As an example, if a guest slips and falls in your home and sues you for medical costs, the renter's insurance will provide coverage in this situation. Personal liability coverage may notapply to car accident damage or intentional harm.

• In Lafayette, is renter's insurance affordable?

  The average cost of renter's insurance throughout the country is around $180 per year, but Louisiana has a higher insurance cost—nearly twice as much as the national average. This is because there is a higher likelihood of severe weather disturbances in the state, which makes properties more at risk. In general, the actual cost of insurance premiums depends on the Lafayette zip code, coverage limits, and property type.

• Can you get discounts on renter's insurance in Lafayette?

  Yes. Renters in Lafayette can save on insurance costs when they buy their car and renter's insurance from the same company. They can pay less if they buy insurance online, get a policy before the existing one expires, or enroll in automatic premium payments. Additionally, renters can also save money if their rental unit is equipped with alarm systems.

• Do renters in Lafayette have to inform the insurance company that they have a dog?

  Yes, you need to inform the insurance company that you own a dog in Lafayette. This is because owning one increases your risk of filing claims. Dogs are more likely to cause damage to another person's property or cause injuries by biting someone. When you have increased risks, insurers usually charge you more. If you do not disclose this info, the insurer may not cover your dog-related claim.