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Story Archives: Franklin, Richland parishes to see rates drop
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Franklin, Richland parishes to see rates drop
Commissioner of Insurance Jim Donelon said Richland and Franklin Parish homeowners in Holly Ridge Fire District (Holly Ridge and Bee Bayou areas) can expect significant rate reductions in their fire insurance premiums, effective Jan. 9, 2012.
Donelon commended firefighters and local officials in the Holly Ridge Fire District for the improvement of their fire protection grading from Class 5 to Class 4. This improvement will bring about insurance rate reductions for many policyholders.
"Your efforts to make your property safer have brought about the lowering of your fire protection grading, which results in lower insurance rates on your homes and other property," Donelon said.
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