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re: State Farm Raising Hurricane Deductibles to 5% in LA?

Posted on 3/28/14 at 4:42 pm to
Posted by jorconalx
alexandria
Member since Aug 2011
8652 posts
Posted on 3/28/14 at 4:42 pm to
I heard the were trying to unload about .5 billion in property coverage and may be out of La. by the end of 2015.
Posted by TigerEye2
Prairieville
Member since Aug 2011
308 posts
Posted on 3/29/14 at 7:39 am to
Confirmed. Received my policy renewal from State Farm yesterday. Hurricane deductible is going up to 5%. I have multiple personal and business coverage but it's still increasing to 5% on all named storms. Totally BS. They are replacing my roof right now from the Hail storm last month but when that's done I'll be shopping around.
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