- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Annual getting reamed by Louisiana home insurance post.
Posted on 3/15/24 at 1:00 pm
Posted on 3/15/24 at 1:00 pm
Insurance went up another 20% this year. Is it even worth shopping or do I just buy the lube again? Curious how much other people’s rates have gone.
Posted on 3/15/24 at 1:01 pm to Raptordawg
If mine goes up another 20% I will be screwed. It was a small amount a few years ago and now is well over 10k. Its insanity
Posted on 3/15/24 at 1:01 pm to Raptordawg
Mine went up about 30%. Up about 80% since 2019.
Posted on 3/15/24 at 1:06 pm to Fun Bunch
Potentially $12,000 is crazy.
Posted on 3/15/24 at 1:07 pm to Colonel Flagg
quote:
Potentially $12,000 is crazy.
Mine is in that vicinity now.
Posted on 3/15/24 at 1:12 pm to Raptordawg
There’s a consumer-friendly way to greatly reduce this but neither the insurance companies nor the lawyers who file suit against them will like it. Companies need to simplify the claims filing process and the state needs some updates to the law to attract more companies.
Posted on 3/15/24 at 1:24 pm to Raptordawg
quote:
r 20% this year.
You lucky dog you
Posted on 3/15/24 at 1:36 pm to Raptordawg
About to just say eff it, cash out retirement before that disappears, pay house off and self insure
The government always seems to give free money to those without insurance anyways when disaster strikes so whats the point of insurance?
The government always seems to give free money to those without insurance anyways when disaster strikes so whats the point of insurance?
Posted on 3/15/24 at 1:37 pm to NineLineBind
quote:
There’s a consumer-friendly way to greatly reduce this but neither the insurance companies nor the lawyers who file suit against them will like it. Companies need to simplify the claims filing process and the state needs some updates to the law to attract more companies.
What complications of the claims filing process can be simplified that would reduce overall claim payouts? Surely you aren’t suggesting premiums are high because of the overhead costs of staffing a claims department? Premiums are high because claim payouts are high.
Posted on 3/15/24 at 1:49 pm to Raptordawg
My La. car insurance went up 30% and I've only made one claim in 50 years (a large deer hit me 10 years ago).
Posted on 3/15/24 at 2:06 pm to Jack Bauers HnK
quote:
What complications of the claims filing process can be simplified that would reduce overall claim payouts? Surely you aren’t suggesting premiums are high because of the overhead costs of staffing a claims department? Premiums are high because claim payouts are high.
I think there’d be fewer lawsuits if there was a better process to negotiate differences. The process is bloated and strings you out making it easier to miss deadlines. You’re left with nothing else to do but sue or just accept the screw job.
Posted on 3/15/24 at 2:32 pm to Raptordawg
I just looked at my home owners insurance year by year and it was nearly doubled since 2019.
Posted on 3/15/24 at 2:34 pm to Blutarsky
My mortgage has gone up $400 in the last 2&1/2 years
Posted on 3/15/24 at 2:43 pm to Raptordawg
I dropped my flood insurance this year as did several family members and coworkers. We are all in a non flood zone and did not experience any flooding in August 2016. We are tired of paying $700 a year to subsidize those who choose to live on the coast and in swampland.
Posted on 3/15/24 at 3:01 pm to Blutarsky
Try commercial property wind, fire, hail insurance.
It's going to drive rents through the roof.
Not including flood or general liability.
It's going to drive rents through the roof.
Not including flood or general liability.
This post was edited on 3/15/24 at 3:38 pm
Posted on 3/15/24 at 3:13 pm to Jack Bauers HnK
quote:
What complications of the claims filing process can be simplified that would reduce overall claim payouts?
To answer your question another way...they're not suggesting reduction of claim payouts, more like reduction of legal/operating expenses
Posted on 3/15/24 at 3:16 pm to Raptordawg
Jeff Landry initially was going to do a third special session, specifically on insurance.
Guess the insurance lobbyists gave too much to his campaign.
Guess the insurance lobbyists gave too much to his campaign.
Posted on 3/15/24 at 3:19 pm to Raptordawg
There should be no state boundaries to protect the insurance companies.
We should be able to buy insurance from any company licensed in any state of the country.
We should be able to buy insurance from any company licensed in any state of the country.
Posted on 3/15/24 at 3:22 pm to Purple Spoon
Lynch Tim Temple and for fun Jim Donelson? We could get a whole bunch of People together travel up to Minnesota and go all Haitian on the CEO of State Farm for starters.
Popular
Back to top
Follow TigerDroppings for LSU Football News