Hurricane Helene caused massive devastation to properties and buildings as it ripped through the Sunshine State. Unfortunately, the devastation caused by this storm hit the state after years of skyrocketing prices for both homes and flood insurance which has left households without insurance coverage or low-cost policies that offer less coverage. The increasing cost of […]
Tag Archives: rate hikes
Louisiana Could See Major Flood Insurance Increase
02
May
As Risk Rating 2.0 is implemented around the county, many homeowners will see their flood insurance premiums rise. How much they could be headed up is anyone’s guess but new data and research from the First Street Foundation nonprofit, which has developed its own flood risk models indicates that some homeowners in Louisiana could see […]