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re: La. Homeowners Insurance

Posted on 2/3/23 at 7:20 am to
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67546 posts
Posted on 2/3/23 at 7:20 am to
Florida has severe insurance issues too.

MY recommendation would be; either insurance companies offer every type of insurance or they have to leave. State Farm for example sells car insurance in Florida but they're not writing any new policies for homeowner insurance.
Posted by BamaCoaster
God's Gulf
Member since Apr 2016
5350 posts
Posted on 2/3/23 at 7:26 am to
quote:

too. MY recommendation would be; either insurance companies offer every type of insurance or they have to leave. State Farm for example sells car insurance in Florida but they're not writing any new policies for homeowner insurance.


Awful.
Every carrier offering any insurance would leave the state.
Posted by Slippy
Across the rivah
Member since Aug 2005
6634 posts
Posted on 2/3/23 at 7:28 am to
quote:

either insurance companies offer every type of insurance or they have to leave.


You really don’t get it, do you.

They would, in fact, all leave. Louisiana would end up with no insurance companies writing policies.

Who to blame for our insurance crisis? (1) trial lawyers, (2) geography, i.e., hurricanes and low elevation, (3) mentality of the public that they are owed something. In that order.
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