Louisiana’s housing market has an insurance problem
Housing Wire
APRIL 12, 2024
We have an insurance problem,” said Charlotte Johnson , a Keller Williams agent based in Mandeville. Our insurance is pricing people out of their homes.” Between 2018 and 2023, homeowners insurance rates in Louisiana jumped 24.9%, according to an analysis by S&P Global. From 2022 to 2023 alone, rates jumped 21.2%.
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