Wednesday, January 04, 2006

 

Important Homeowner's Insurance Note

For those of you who are currently working on your property, but not living at that property, a big change was scheduled to hit. Traditionally, homeowner's insurance isn't available to those who are working on reconstructing a home. Builder's risk policies are issued to cover those situations, however they are more expensive and more difficult to obtain. The Louisiana Department of Insurance has issued emergency rule 23 which prohibits companies who were writing your homeowner's coverage from dropping you and your residence because it is under substantial reconstruction.

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