Located in the Central Southern region of the country and bordered Texas on the west, the state of Louisiana is famous for its distinct Creole culture and strong musical heritage. The state capital is Baton Rouge, the largest city is New Orleans, and Shreveport and Lafayette are other important cities.
The population of the state is about 4.6 million people, and it is home to the busiest shipping port (volume) in the Western hemisphere. This is the Port of South Louisiana, which is located on the Mississippi River and is the #1 bulk cargo port in the world.
The city of New Orleans, and particularly communities and suburbs such as Lake Terrace & Oaks, Marlyville-Fontainbleau, Destrehan, Elmwood, Mandeville, and Lakewood, are some of the best places in Louisiana to live. In Baton Rouge, Prairieville and Westminster are counted as prime residential addresses. The town of Prien is also considered to be among the best areas of Louisiana to live.
Louisiana residents who own or rent high net worth homes need to pay special attention to insurance as the state is vulnerable to hurricanes from the Atlantic ocean that hit the Gulf of Mexico. The state suffered severe damage during Hurricane Katrina in 2005, resulting in insured losses worth nearly $25.4 billion, and an additional $13.1 billion paid the National Flood Insurance Program (NFIP).
In addition to hurricanes, Louisiana homes are also at risk of damage from floods, wildfires, and tornadoes. In 2018 there were over 500,000 flood insurance policies in Louisiana. It is estimated that over 800,000 single-family homes are at risk for storm surge damage from hurricanes.
Louisiana residents must also protect their residences from all the other kinds of risks to homes, such as fire & smoke damage, power outage, slab leak, lightning damage, etc.
The largest providers of homeowners insurance in Louisiana are State Farm, Allstate Corpn, USAA Insurance Group, Liberty Mutual, LA Farm Bureau Mutual Insurance Co, UPC Insurance, FEDNAT, Progressive, TWIMG LLC, and GeoVera Holdings.
The average insurance premium paid homeowners in Louisiana is $1968, and the amount for those with rented homes is $235, according to the Insurance Information Institute.
Residents seeking to protect their valuable homes from loss and damage will benefit from the advice of a Louisiana public adjuster if they ever need to file a claim. A public claims adjuster of Louisiana who is certified and licensed ensures that the claim application is filed properly and represents the homeowner in negotiations with the insurance provider.
Look for the best public adjusters in Louisiana who are excellent negotiators and charge you based on the settlement that you receive from the insurance company, so they are motivated to get you the best possible amount. These state-licensed Louisiana public adjusters are the only ones, aside from attorneys and the broker of record, who can legally represent you during the claims process. They work with you throughout the process and until you receive the settlement that you deserve.