Jim Donelon Can Kiss My Ass on Canal Street!

State Farm will raise rates for mom-and-pop landlords, drop their wind and hail coverage

While the statewide average rate increase is 18 percent, actual increases in South Louisiana can be much higher.

In Orleans, Jefferson and protected parts of St. Bernard and Plaquemines, the average increase will be 59.2 percent, according to State Farm; in areas outside of levees in Plaquemines it will be 93.8 percent; and in areas outside of levees in St. Bernard, it will be 21.1 percent. In St. Charles Parish, the average increase will be 19.2 percent. In St. James and St. John the Baptist, it will be 22.6 percent... Other coastal parishes will also see increases.

State Farm spokeswoman Molly Quirk said that part of the rate increase calculation is the value of cutting the wind and hail policy. [Times-Picayune, 1-16-2011]

Can someone explain how you can charge more for less coverage? How did that get past the Louisiana insurance commission, and how much is Insurance Commissioner Donelon profiting from this? What is he getting that's worth throwing us under a bus?

The article talks about how State Farm has also raised rates on other policies, which were so numerous they probably ran out of room to list the auto insurance increases I also received from State Farm over the past year. I was wondering how my rates could increase on an 11-year-old vehicle on which I cut my coverage IN HALF because I couldn't even afford the insurance before the rate increase. It seems the answers to my questions are to be found in them new fangled calculators the State Farm home office sent to Baton Rouge.