No Happy New Year for Insurance Rates!

So happy New Year! And by the way, get ready for higher property insurance rates along the Gulf Coast, particularly in Louisiana.  One would think that if anything, homeowner’s rates would be going down.  After all, there has been virtually no hurricane activity in the Gulf for the past four years.  And with the national economic slump, home prices have dropped which should translate into lower insurance rates.  Not so say the experts.  My  column this week takes a look at why you will no doubt pay more for the cost of property insurance, particularly if you live in Louisiana.  You can read it now by Clicking Here.