Louisiana Short-Term Incentive Plan
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Based on Bankrate's research, USAA, Allstate, State Farm, The Hanover and Progressive are writing the best homeowners insurance in Louisiana.
Lawmakers have set aside $55 million for the program, money that's destined for insurance companies that write policies for five years. Participating insurers get $1 from the state for every $4 in premium they write, as long as they keep the policies for five years.
5 Best Homeowners Insurance Companies in Louisiana Liberty Mutual: Our pick for discounts. Allstate: Our pick for extended coverage. State Farm: Our pick for new homeowners. USAA: Our pick for military members. Travelers: Our pick for deductible savings.
Based on Bankrate's research, USAA, Allstate, State Farm, The Hanover and Progressive are writing the best homeowners insurance in Louisiana. Natalie Todoroff is an insurance writer for Bankrate, prior to which she wrote for a popular insurance comparison shopping app.
Lawmakers say up to 90,000 property owners could get cheaper plans from these insurers. NEW ORLEANS ? Louisiana lawmakers approved $42 million in incentive payments to give a boost to the state's struggling property insurance market.
The Insure Louisiana Incentive Program (?Incentive Program?) was enacted through the passage of Act 754 of the 2022 Regular Session of the Louisiana Legislature for the purpose of cooperative economic development and stability in Louisiana by encouraging additional property insurers to participate in the voluntary ...
