Many residents of the metro New Orleans area may face greater out of pocket expenses. Due to the fact that Isaac came ashore in the form of an actual hurricane, having been upgraded from a tropical storm, residents with homeowners insurance in the area of metro New Orleans are finding that they are paying more for wind damage repairs they face. This is because the deductibles for many of the more recent policies are higher for hurricanes. Homeowners insurance policies that have been written over the last few years include…
Read MoreHomeowners insurance policyholders may find themselves paying more for Isaac
