Allstate Drops Property Owners' Policies - KPLC 7 News, Lake Charles, Louisiana

Allstate Drops Property Owners' Policies

April 9, 2007

Reported by: KPLC's Lee Peck

Landlords currently with Allstate Insurance have been dropped from their coverage.

Allstate says it will not renew any of it's landlord policies, because of lost profits in Louisiana.

Policy holder Richard Owens, owns rental property and come June will have to find different coverage.

He fears he may not be able to find affordable rental insurance.

"We're all going to have a rough time, we're going to try to keep the rent low and affordable but we do have to pay the bills and we'll have no choice but to increase it. Unfortunately it's not going to be shock for me but it's going to be a shock for every renter that's renting from every individual in the entire state."

Meanwhile Owens plans to contact his state representative about the matter.

  • More Local NewsNewsMore>>

  • TRAFFIC: Accident on I-10 WB near Ruth Street

    TRAFFIC: Accident on I-10 WB near Ruth Street

    Sunday, November 19 2017 4:07 PM EST2017-11-19 21:07:38 GMT
    (Source: KPLC)(Source: KPLC)

    The center and right lanes of I-10 westbound near Ruth Street are blocked due to an accident, according to the Department of Transportation and Development. Congestion is approaching South Beglis Parkway, according to DOTD. Copyright 2017 KPLC. All rights reserved.

    More >>

    The center and right lanes of I-10 westbound near Ruth Street are blocked due to an accident, according to the Department of Transportation and Development. Congestion is approaching South Beglis Parkway, according to DOTD. Copyright 2017 KPLC. All rights reserved.

    More >>
  • Suspect in deadly Sulphur shooting arrested

    Suspect in deadly Sulphur shooting arrested

    Sunday, November 19 2017 3:16 PM EST2017-11-19 20:16:26 GMT
    Blake Poullard (Source: Sulphur Police Department)Blake Poullard (Source: Sulphur Police Department)

    The suspect in a deadly Saturday afternoon shooting in Sulphur has been arrested. At 1 p.m. on Nov. 18, officers were called to the 1300 block of South Post Oak Road in reference to a shooting, said Sulphur Police Chief Lewis Coats. Upon arriving, officers found that David Reed III, 24, of Sulphur, had been shot and that the suspect had fled the scene. 

    More >>

    The suspect in a deadly Saturday afternoon shooting in Sulphur has been arrested. At 1 p.m. on Nov. 18, officers were called to the 1300 block of South Post Oak Road in reference to a shooting, said Sulphur Police Chief Lewis Coats. Upon arriving, officers found that David Reed III, 24, of Sulphur, had been shot and that the suspect had fled the scene. 

    More >>
  • ELECTION RESULTS - Nov. 18

    ELECTION RESULTS - Nov. 18

    Sunday, November 19 2017 12:02 PM EST2017-11-19 17:02:22 GMT
    (Source: Secretary of State)(Source: Secretary of State)

    Results from the Nov. 18 State Treasurer election.

    More >>

    Results from the Nov. 18 State Treasurer election.

    More >>
Powered by Frankly