Increase of cost of insurance with less coverage a
Posted Mar 2, 2011 by anonymous | 82 views | 1 comments
While we had no claims for katrina our insurance has been cancelled, then resold to use with no coverage for any type of storm damage, yet the cost has more than doubled! Then we had to buy storm coverage from the Great state of La.for again, more than DOUBLE THE COST WITH LESS COVERAGE!!! This isn't BAD enough, They SCREW us again by making every La.Homeowner Insurance Policy NOT sold by the State pay a 10% 2005 La. FAIR Plan Regular Assessment on thier Homeowners Premium. Plus a TAx exempt surcharge; a Market equalization charge ;then on top of that a $65.00 application fee. In other words the INSURED HOMEOWNERS ARE FOOTING THE BILL FOR LA.CITIZENS PROPERTY INSURANCE CORPORATION!!! DOESN'T THIS JUST KEEP RIGHT ON TRACT WITH OUR LOUISIANA REPUTATION FOR POLITICS!! YET OUR GOVERNOR IS FIGHTING FOR $150,000 DOLLARS FOR EACH OF OUR UNINSURED CITIZENS!! NOW ALLSTATE WANTS TO DO THE SAME THING AND THEIR FIGHTING TOOTH AND NAIL AGAINST IT!! EXPLAIN THIS TO ME! DIDN' THEY SEE THIS COMING, IF LA.FARM BUREAU INS. COULD DO IT, WHY WOULD ANY OTHER INSURANCE CO. WANT THE SAME DEAL!! THIS STINKS I FOR ONE AM LOOKING TO MOVE OUT OF LOUISIANA! WHICH IS WHAT MOST OF OUR CITIZENS WILL HAVE TO DO TO SURIVE. BECAUSE WHO CAN AFFORD TO PAY THE EXORBITANT INSURANCE PREIUMS THAT WE ARE NOW BEING CHARGED!! SO I WONDER WHO'S GOING TO WINE UP GETTING ALL OF THIS FEDERAL MONEY? THAT IS CERTAINLEY GOING TO COME OUT OF OUR TAX DOLLARS!!!
Commented Aug 5, 2014 by anonymous
U5ik1N Really enjoyed this blog article. Will read on...