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re: Good News: More Insurers coming to LA. Bad News: Most of them suck

Posted on 5/7/24 at 11:18 am to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37175 posts
Posted on 5/7/24 at 11:18 am to
quote:

Everyone wanted the lowest premium, 9/10 didn't give two damns about AM Best rating. I only quote personal lines for commercial clients, call ins only want to get the best #. Many have bought too much house and may have to limit that travel ball schedule going forward to afford their house insurance premium.


Some oversold and some don't care.

Some, AM Best doesn't rate who offers here. In St Bernard there are very few companies writing.

Some bought too expensive of a house but that's partially because housing has gone up so much in price.
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