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Started By
Message
re: Louisiana homeowners insurance market “unraveling.”
Posted on 11/7/24 at 2:56 pm to CP3LSU25
Posted on 11/7/24 at 2:56 pm to CP3LSU25
quote:
The 22 year old white liberal females on social media rent an apartment will say get a better job so you can afford that and groceries.
You don’t like being told to pull yourself up by your bootstraps?
Posted on 11/7/24 at 3:26 pm to SammyTiger
How much have you cried this week?
Posted on 11/7/24 at 3:29 pm to SammyTiger
quote:
You don’t like being told to pull yourself up by your bootstraps?
Those bootstraps will need to be even tighter moving forward
Posted on 11/7/24 at 3:40 pm to Slippy
At least we get (fake) Mike back in Tiger Stadium this weekend!
Posted on 11/7/24 at 3:49 pm to xBirdx
quote:
I have had State Farm for 20+ years. Just got renewal…. Went from $1825 to $1975, right about 8% increase.
I also have StateFarm and mine went up to $2733 from $2626, only a 4% increase here, and that's including upping the value of my dwelling on my policy.
Posted on 11/7/24 at 4:24 pm to lepdagod
quote:
anybody taking the insurance companies side must
The insurance companies aren’t the side of the equation that basically makes all the rules in Baton Rouge, it’s the plaintiffs attorneys.
This post was edited on 11/8/24 at 12:14 am
Posted on 11/7/24 at 5:17 pm to Slippy
Yea, I can't afford homeowners insurance for my new mobile home, even if I could find it. Companies have all left Louisiana because of the excessive claims. All we can do now is hope FEMA will help with the damages if a disaster hits.
Posted on 11/7/24 at 5:48 pm to Bayou_Tiger_225
quote:
Does this unraveling extend to inland parishes like EBR ?
I would also like to know this.
In upper Ascension (no flood zone) and I've been told by State Farm that if I lapse their coverage and go with someone else, I cannot get a new policy with them due to my location.
Posted on 11/7/24 at 5:55 pm to Slippy
Tim Temple aint fixed this yet? he must be trying to sell blue cross again
Posted on 11/7/24 at 5:58 pm to Slippy
quote:
All this grandstanding by legislators declaring war on insurers is going to result in nobody wanting to write business here.
What? The war is on the insureds.
Posted on 11/7/24 at 6:34 pm to Joehat
quote:
Where’d you see this info from? I’m interested, please post the source. Thanks
Washington Post article dated Nov. 5, 2024 titled “Everyone’s ignoring these investors’ warnings on climate risk. You shouldn’t.
Climate change is rewriting the rules of real estate.”
I’d link but you probably need a subscription to access it.
Posted on 11/7/24 at 6:44 pm to NIH
quote:
How much have you cried this week?
I’m a straight white married guy who makes money,
why would i cry?
Posted on 11/7/24 at 7:17 pm to Slippy
No reason for concern or worry. Rest assured that LA Gov. Jeff Landry has a plan to solve the crisis. But first, he has to make sure a real tiger is at LSU games, then he can begin tackling these small issues facing our state.
Posted on 11/7/24 at 8:08 pm to Lsupimp
Got dropped by farmers last year, made sure to get a new roof on them before the drop date.
Ended getting similar coverage from State farm for a similar price. Our deductibles went up a little bit, but the coverage remained the same
Ended getting similar coverage from State farm for a similar price. Our deductibles went up a little bit, but the coverage remained the same
Posted on 11/7/24 at 8:46 pm to Epic Cajun
Good point- they upped my value as well.
Posted on 11/7/24 at 9:02 pm to Ace Midnight
quote:
Donelon
you laugh, but this thread is 2 1/2 years old and was bumped today by somebody who didn't even post anything
Posted on 11/8/24 at 7:26 pm to iwyLSUiwy
quote:
Whatever you do, under no circumstances go with Allstate or State Farm. No matter how much cheaper they are, it is not worth it.
How is GEICO in your eyes? I have them for auto and condo insurance. The condo insurance is written through Homesite which I’m guessing is just a Geico subsidiary. I would still do my claim through Geico.
Living in Florida (though near Orlando so well away from the coast) I’m expecting to get scr*wed over due to Hurricane Milton.
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