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As insurance costs rise, some Louisianans are dropping insurance. It's raising alarms.

Posted on AllSides June 16th, 2024
From The Center

As Louisiana’s insurance crisis pummels homeowners, more and more people are dropping coverage, raising the disquieting possibility that a direct hit from a hurricane could inflict damage that would leave thousands of people unable to recover. A review of insurance policies, as well as interviews with agents, analysts and homeowners, shows many Louisianans who have long bought insurance are dropping it entirely. Others can only find policies with skyrocketing deductibles or coverage limits that effectively mean they would have to pay out of pocket to replace a roof if a...

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