Farmers Insurance Returns to Louisiana After 7 Year Absence
Louisiana insurance customers will soon have one more option.
Farmers Insurance has announced plans to return to Louisiana to offer automobile, homeowners, condo, and renters insurance.
(Now you want to sing the Farmers Insurance commercial jingle -- "We are Farmers, bum-da-dum bum bum bum bum.")
Louisiana Insurance Commissioner Jim Donelon made the announcement on Monday, saying he approved the rate filings.
"The addition of a major national company to the roster of insurers offering property and automobile insurance in our state is a huge win for consumer choice and cost," Donelon said in a statement.
Farmers Insurance is the nation's ninth-largest property insurer. They started selling homeowner policies in Louisiana in 1999, but left the market in 2014, according to Donelon.
The return to Louisiana continues Farmers' broad expansion into the East and South in recent years, the insurance department said.
Farmers plans to offer policies in all 64 of Louisiana's parishes.
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