Home Home insurance Renters insurance Renters insurance cost Louisiana Shreveport, LA Average renters insurance cost in Shreveport, LA View Carriers Please enter valid zip Compare top carriers in your area Written by Insure.com's EditorPosted on: November 1, 2023 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. The average cost of renters insurance in Shreveport, LA is $277 per year (for insurance coverage of $40,000 in personal property coverage, $100,000 in liability coverage, and $1000 as deductible) — that’s $218 less than the state average of $495 a year.It can be higher or lower depending on the coverage options you choose and the amount of liability the policy provides. If you live in a rented apartment or home, you should consider buying renters insurance because it protects your personal belongings from damage caused due to covered peril such as fire or smoke damage, theft, vandalism, and other mishaps. We did a thorough analysis of renters insurance companies to find the most affordable options for Shreveport renters. Keep reading to find out the cheapest renters insurance companies in Shreveport.What is the average cost of renters insurance per month in Shreveport?On average, the cost of renters insurance in Shreveport is $23 a month. Renters in Shreveport pay these rates for the coverage limit of $40,000 personal property coverage, $1,000 deductible and $100,000 liability protection coverage.The renters insurance rates vary by city depending on your insurance provider and the coverage limits you decide. For example, renters in Shreveport pay $17 per month for personal property coverage of $20,000 and $1,000 deductible. However, if you decide to increase the personal property coverage limit to $40,000, you will pay $6 more than for renters insurance.Now, you’ll have to decide how much coverage you need and how much you can afford. However, it is recommended, if your personal belongings consist of expensive jewelry, furniture, and electronics, you should choose higher coverage limits.How much is average renters insurance in Shreveport by deductible?The renters insurance cost in Shreveport is $220 per year for a $500 deductible and $20,000 as personal property coverage. A deductible is an amount you agree to pay before your insurance company kicks in. If you increase your deductible limit, your insurance cost will go down. For instance, if the personal property coverage is the same, i.e., $20,000, but you increase your deductible limit from $500 to $1,000, you will pay $20 less every year for insurance.Below are the renters insurance rates for different personal property coverage and deductible amount.Deductible$20,000 personal property$40,000 personal property$60,000 personal property$500$220$304$413$1,000$200$277$376Note: These rates are specifically for the coverage of $100,000 liability protection.Read our guide to know what does renters insurance cover.Who offers cheap renters insurance in Shreveport?Your search for the cheapest renters insurance company ends here.USAA offers the cheapest renters insurance in Shreveport at about $121 a year or $10 per month. According to Insure.com data analysis, United Insurance Holdings ranks second on our list followed by FedNat Holding.Our experts at Insure.com evaluated renters insurance quotes from all the big and small insurance companies in Shreveport and put together a list of the most affordable insurance carriers. Below are the average annual and monthly rates of the cheap renters insurance companies across Shreveport, LA.(Note: USAA offers insurance only to members of the military, veterans and their immediate families.)Renters insurance providerAverage annual rateAverage monthly rateUSAA$121$10United Insurance Holdings$193$16FedNat Holding$225$19State Farm$250$21Progressive$255$21Farmers$423$35LA Farm bureau$480$40Allstate$510$43MethodologyInsure.com, with the help of Quadrant Information Services, gathered data for renters insurance rates in Shreveport, LA, for $40,000 personal property coverage, $100,000 liability coverage, and a $1000 deductible. How much is renters insurance in other citiesBaton RougeLafayetteLake CharlesNew Orleans In case you missed it What is HO-6 condo insurance and how much does it cost? Average homeowners insurance cost by ZIP code in 2024 What is dwelling coverage and how much do you need? Personal liability insurance: What it is and why you need it Renters insurance quotes: Compare rates Hurricanes and home insurance: How hurricane insurance works How replacement cost coverage works when you file a claim How much do claims increase home insurance rates? Mobile home insurance cost and coverage in 2024 Homeowners insurance basics Home Insurance Advisor Cheapest homeowners insurance in 2024 How much flood insurance do I need? How to bundle home and auto insurance policies to save money The largest home insurance companies by market share Home insurance discounts for cheaper rates How much does dog liability insurance cost and do you need it? Do you have an emergency go-bag? Most Americans don’t 1/1 Related Articles Condo insurance calculator: Estimate the cost of coverage By Jessica Olson How to file a successful mold claim By Chris Kissell Cost of living comparison by state By Chris Kissell Home insurance for older homes with knob and tube wiring By Erik Martin How to switch home insurance By Leslie Kasperowicz Cheapest homeowners insurance in 2024 By Chris Kissell On this page What is the average cost of renters insurance per month in Shreveport?How much is average renters insurance in Shreveport by deductible?Who offers cheap renters insurance in Shreveport?Methodology Get instant quotes now ! Please enter valid zip Get Quotes