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re: Louisiana Legislature repeals law blocking homeowner’s insurance cancellations

Posted on 5/2/24 at 9:14 am to
Posted by 4cubbies
Member since Sep 2008
50423 posts
Posted on 5/2/24 at 9:14 am to
No you didn’t. You asked a question. You didn’t provide an example of another state with less regulations enjoying more competition.
Posted by El Segundo Guy
SE OK
Member since Aug 2014
9663 posts
Posted on 5/2/24 at 9:19 am to
Every website that publishes data shows Oklahoma's homeowner insurance premiums to be higher than Louisiana's premiums. Makes some sense because we get tornadoes, high winds and a ton of hail.

But we don't have cancelations. Why? Because we don't have fricked up tort regulations that hamstring providers. We also don't see storms as a way to get a roof replaced or to get another generator.
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