A Deep Dive Into the Louisiana Insurance Market: Rising Costs & Policy Concerns

Author: Scott Vicknair
Published: Thu 16 Nov 2023
Episode Link: None

Today we want to spend some time on a serious problem for homeowners and business owners in the state of Louisiana, and that’s the current insurance market. Listen in as we take you through the complexities and recent developments dealing with insurance in the state. With skyrocketing premiums and claiming challenges, we examine the issues surrounding the retreat of insurance companies from Louisiana due to high costs associated with natural disasters.

Here’s some of what we discuss in this episode:

0:00 – Intro

0:53 – The rising costs of insurance in Louisiana

6:29 – Hurricane coverage

9:03 – Reason for the crisis

17:26 – Florida litigation bill

26:48 – Where does it leave you?

31:35 – Reform

37:55 – Get an updated quote

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Scott Vicknair Injury Lawyers: https://www.scottvicknair.com/

Car Accident Lawyer: https://www.scottvicknair.com/new-orleans/car-accident-lawyer/

Truck Accident Lawyer: https://www.scottvicknair.com/new-orleans/truck-accident-lawyer/