Will New Orleans Flooding Raise Car Insurance Rates?
The water from Saturday’ s flooding in New Orleans overwhelmed streets and managed to seep into a fair share of homes, restaurants and businesses from Mid-City to the 7th Ward, Lakeview and Gentilly to Treme. Could the flooding in New Orleans send rates soaring? Not any time soon, said Marc Eagan, president of Eagan Insurance Agency, which sells auto insurance…
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