How much will your flood insurance rise? Check this interactive map
Times-Picayune, The (New Orleans, LA)
Flood insurance rates are rising steeply in Louisiana under FEMA's new system for setting premiums, known as Risk Rating 2.0. The increases for existing policies are being phased in, with a maximum jump of 18% per year for existing policies.
That means that many policyholders will not reach their target premium for a number of years.
The average Louisiana community is projected to see 134% increases for single-family homes, but communities especially prone to flooding will see much steeper hikes. One ZIP code in Plaquemines Parish is projected to see the highest increase in the nation, at 1,098%.
Using FEMA data, The Times-Picayune | The Advocate has assembled the below interactive map, which allows residents to search by ZIP code to see projected average increases for single-family homes in their area.
For further context, see our recent story detailing the FEMA data.
Fire district improves insurance rating
Fire district improves insurance rating
Advisor News
- A rising retirement challenge: The license to spend
- Financial stress leaves less room for retirement saving
- Giving while you’re living: 3 frequently asked questions about gifting
- Helping clients prepare for one of their biggest retirement expenses
- Important year-end financial conversations every advisor must have
More Advisor NewsAnnuity News
- A rising retirement challenge: The license to spend
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
- Lawsuit claims Delaware Life hid billions in insurer-linked investments
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
More Annuity NewsHealth/Employee Benefits News
Life Insurance News