At Least Seven Property Insurance Companies In Louisiana Have Failed Since Hurricane Ida In 2021

[zuul]

1. I just lost my coverage with Lighthouse.

But I received my claim payment months ago and I'm just now wrapping up all the repairs from Hurricane Ida damage.

Trying to find a new policy was tricky since so many thousands of people were all trying to find new coverage at the same time. Those of us with Lighthouse were given a month to find coverage, and my letter from them was lost in our shitty mail system, so I really only had two weeks to find a new policy. That was so stressful! Luckily I have a smart agent and she was able to split my policies up, so instead of onehomeowner's policy I have two (plus flood insurance, which is separate.) She even saved me a little bit of money with the 2 policies.

Another agent who was tring to fiond a new policy for me told me I would have to pay between $2,000 and $5,000 more that what I paid with Light house. I saw my neurologist yesterday and he said his insurance company, which is still in businees, wants to charge him an additional $9,000. The insurance market in south Louisana is crazy right now!