The state is facing problems that have been compared to the coverage crisis in Florida. As has been the case in Florida’s market, Louisiana home insurance struggles are leaving thousands of residents of the state wondering how to find coverage. The need is becoming particularly urgent as the US predicts a busy Atlantic hurricane season. Meteorologists have been warning that the Atlantic hurricane season will be an active on this year. With theses risks ahead, a number of Louisiana home insurance companies have withdrawn from the market, just as has…
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Louisiana consumers who filed home insurance claims have differing satisfaction levels
While some residents who filed with insurers in the last two years are satisfied, many are not. New research shows that Louisiana residents who filed home insurance claims within the last two years are split regarding their satisfaction with their experience. The research showed that there is a nearly even split between those who were satisfied and those who weren’t. The research was conducted by the Public Policy Research Lab at the LSU Manship School of Mass Communication’s Reilly Center for Media & Public Affairs. What they found was that…
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