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re: Homeowner’s Insurance is collapsing in LA - UPC gone, Cajun now gone - rates up 40%

Posted on 3/22/23 at 5:12 pm to
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41738 posts
Posted on 3/22/23 at 5:12 pm to
quote:

Most people don’t understand what home owners insurance is for. I think most think it’s like a warranty program. 20 year old roof starts to leak and insurance should pay for it. Slow leak rots floors insurance should pay for it. That’s not how it works.

Ding ding ding ding

People have a warped way of thinking how an insurance policy is supposed to work and when it doesn’t work the way they think it should, they get pissed and shout from the mountaintop all about how XYZ Insurance Company fricked them over.
Posted by doublecutter
Hear & Their
Member since Oct 2003
6599 posts
Posted on 3/22/23 at 5:21 pm to
I live in Metairie, and it's right at $1000 a month for homeowner and flood insurance. I had UPC, non renewal, and had to go Citizens.
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