PROPERTY INSURANCE RATES GOING UP?

Remember the old axiom, “You never let a good crisis go to waste?” Well, there is certainly a crisis down in the Bayou State, and insurance companies that sell property insurance are licking their chops. There was little damage suffered by major insurance companies, because flooding was involved, land private insurance companies do not cover flood insurance. But it’s confusing to the property owner, and some insurance companies see an opening to raise their rates. It seems to never stop in Louisiana. Check out my new column and see what you think. You can read it now by going to the Red Flashing Box above or by Clicking Here.