"In Baton Rouge this week, the Louisiana House overwhelmingly passed and sent on to Senate a bill which would for the first time allow insurance companies to set different deductible rates for property insurances policies issued in different parts of the state, as the state continues to struggle with establishing a stable insurance after the devastating storms and flood of 2005. Over the objections of lawmakers from South Louisiana, the House rejected an amendment which would have required companies writing policies in the northern part of the state to write policies in the southern and more vulnerable part also.

Like most everything involving insurance for property in the potential path of a hurricane, the change is complicated. The state Department of Insurance would be tasked with dividing the state into zones with different deductible rates. And these rates would apply only to “named storm” damage, that is, from major storms that are given a name designation, like Katrina and her 2005 sister, Rita." (Source: From a article Southern Political Report website)