Citizens Property Insurance of Louisiana looking to raise rates

Citizens Insurance Louisiana homeowners insurance property

Citizens Property Insurance aims to raise rates to cover reinsurance costs Louisiana’s Citizens Property Insurance, a state-run insurance organization that accounts for the majority of the state’s homeowners insurance policies, has announced that it is raising rates statewide this year. Citizens officials note that raising rates for coverage is a last resort option and that the many challenges currently facing the organization have sparked the need for higher rates. Higher reinsurance costs are being cited as one of the primary contributors to the organization’s need for higher rates. Insurers eyes…

Read More

Homeowners insurance online tool for rates available to Louisiana residents

Louisiana homeowners insurance computer tool

State officials have released a web based tool for home and auto policy rate comparisons. The Louisiana Department of Insurance has just announced the launch of a new online tool that is available for residents of the state who are shopping for auto and homeowners insurance, to allow them to compare rates. This interactive online tool will help them to discover the best rates for suiting their needs. The automobile and homeowners insurance rate comparison guide is an online system that was created to allow residents to find the best…

Read More