House Bill 437 A Game Changer for Louisiana Insurance Claims

Discover how Louisiana's new House Bill 437 is reshaping the insurance landscape! 🏠⚖️ This groundbreaking law introduces major changes to insurance claims, including stricter rules for replacement cost payouts and hefty penalties for delayed rental payments. Learn what this means for policyholders, insurers, and disaster recovery efforts across the state. 📌 Key Highlights: Insurers can now hold back replacement cost payouts until deductibles are paid. Proof of deductible payment is required—like canceled checks or credit card statements. Delayed rental payments could cost insurers up to 50% in penalties. 💡 What You’ll Learn: How these changes impact policyholders during hurricane season. Tips to navigate the new rules and speed up your claims process. The pros and cons of HB 437 for both consumers and the insurance industry. Stay informed and prepared this hurricane season—your rights matter! Are you ready for anything🤔 Download our FREE Family Emergency Organizer PDF https://www.liveinsurancenews.com/free-family-emergency-organizer/ and keep your loved ones safe and prepared when it matters most! 🧠👉Don't forget to connect with us across our various social media platforms: 😊Facebook: https://www.facebook.com/LiveInsuranceNews