Types of Disasters (2001-2010):
7 hurricanes, 2 tropical storms, severe weather
Estimated Insured Property Loss: $31.9 billion
The Pelican State has the unfortunate distinction of being the most disaster-prone state in the nation, largely because of Hurricane Katrina, which was the costliest disaster in U.S. history.
Many of Katrina’s victims discovered they didn’t have enough insurance to cover the damage from the August 2005 hurricane. Make sure you have enough coverage
before storm season strikes.
For more, see
Insurance Lessons From Katrina.