State Farm stops writing new HOI policies in south Louisiana

[HurryKane]

I do live north of I-10, but it seems like I know someone who got a new policy below I-10 in the past 10 years? Maybe I'm crazy. However the comment I was addressing said "Gulf Coast" and I still consider D'head north of I-10 to be part of the Gulf Coast

[Lindaloo]

They just stopped writing south of I-10 after Hurricane Georges. They did not non renew existing State Farm policies. So no, you are not crazy.

[Audrey2Katrina]

Odd how they gave me insurance where my major provider (and a lot of others) have put a halt on all policies in this area as well. Frankly I don't like what SF did in Miss. one little bit; but I needed it to qualify for the SBA and nobody else would write a policy here.

A2K

[Lindaloo]

I know what you mean A2K. Ya gotta do what ya gotta do, when ya gotta do it.

[Recurve]

For more than 20 years, people where I live have had to buy separate "windstorm" policies from the Florida Windstorm Underwriting Association, in addition to federal flood insurance -- no insurance company would write homeowners policies that covered any hurricane damage. Then Allstate, State Farm, and every other national insurance company pulled out of South Florida after Andrew. We are almost in a situation of having all homeowner's policies underwritten by the state, which, by law, is supposed to charge 20% more than any other insurer so as not to compete -- even though there are no companies that want to.

[Lindaloo]

Allstate is now writing policies in Florida for St. John's insurance company. I suspect that the other major companies will follow. Give an Allstate agent a call about it. You may save on insurance in Florida now.

Matter of fact, St. John's has moved their main headquarters to Orlando.