Grand Isle insurance is so high, 7 townhouses do not have wind insurance

Grand Isle insurance is so high, 7 townhouses do not have wind insurance



THIS IS WDSU NEWS AT 6:00. >> IT’S ALWAYS THE FIRST PART OF THE WORLD TO BE THE WRATH OF A HURRICANE, GRAND ISLE. AND NOW THE COUNTRY IS FACED WITH A NEW, DANGEROUS ISSUE AS THE GREAT SEASON BEGINS, LET’S TALK ABOUT INSUFFICIENT INSURANCE, NOT JUST FOR PEOPLE. >> WDSU INVESTIGATIVE REPORTER AUBRY KILLION FOUND THAT NOW 7 HOUSES ON THE SAME BLOCK IN YOUR CITY HAVE ZERO WIND INSURANCE. GRAND ISLE’S MAYOR SAYS TOWN CANNOT FUND SKYROCKETING INSURANCE AND MAY REPLACE. AUBRY RECENTLY SPENT TIME ON LOUISIANA’S BARFRIER ISLAND AND SHOWED YOU A BAD PROBLEM. >> I LOVE IT. >> GRAND ISLE MAYOR, DAVID CAMARDELLE, DRINKING TEARS. >>EVERY DAY YOU HELP YOUR PEOPLE, YOU KNOW, I TAKE IT, IT’S HARD. >> NOW MAYOR CAMARDELLE SAYS THE TOWN HALL, POLICE DEPARTMENT, COMMUNITY CENTER, MULTIPLEX, BUILDING BUILDING, POLICE BUILDING AND STORAGE BINANCE HAVE ZERO WIND INSURANCE. THIS MEANS THAT THERE WILL BE NO CHECK FROM THE INSURANCE COMPANY TO RECEIVE ANY OF THE NEW HEAD’S WIND THAT WAS DAMAGED. HOMES ARE STILL BEING MADE FROM BIG IDA LAST AUGUST. >> THAT’S GOOD. >> LOUISIANA’S MOST DIFFICULT THINGS HAVE GROWN UP OVER THE YEARS. WDSU Investigates FOUND THESE NUMBERS FOR THE PREMIUMS FOR THE FIRE AND WIND INSURANCE PRICE TAG FOR 2017 OF $48,000. 2018 $50,000. 2019 $56,000 2020 $64,000 2021 $74,000 AND 2022 $182,000. THEREFORE, BETWEEN 2017 AND 2022 IS ABOUT A 300% INCREASE. >> $100,000 IS LIKE GOLD TO ME RIGHT NOW. >> ESPECIALLY BECAUSE CAMARDELLE SAYS HIS TOTAL CITY BUDGET IS ONLY $4 MILLION. AND TO MAKE MATTERS WORSE, IN AUGUST, CHIEF IDA DAMAGED THE ISLAND, PROPERTY DAMAGE EXPECTED TO BE 40% BEFORE THE TOWN MEETING. ONE OF THE REDUCTIONS ALSO, TOTAL CITY COSTS TO CREATE OTHER JOBS BETTER TAKEOFF AND DEPARTURE. >> I FOUND THREE IN LITTLE BOOKS, THREE MEN, BOOKS THAT DON’T LAST. TINA THIS MORNING HAS BEEN WITH ME FOR 24 YEARS AND THEY SAID I CAN’T GET THE INSURANCE PAYMENT. >> AND NOT A USER WHO LIVES IN THE TOWN WHO IS FROM >> BEING CAREFUL THERE IS DIFFICULT. I’M LIVING ON THE GENERATOR >> GRAND ISLE RESIDENT DANIEL VANSLAMBROUCK SAYS HE CAN’T LIVE. ARE YOU FILLING THESE GAS CURRENTLY TO CHECK YOUR GENERATOR? >> YES, TONIGHT I 30 $40 A DAY ON GAS. >> HOW DID YOU DO THIS FOR SO LONG? >> FROM POTENTIAL WE ARE SHARING WITH THE SPEAKER BUT THEY WENT OUT. >> LIKE GRAND ISLE BRACES FOR ANOTHER BIG SEASON WITHOUT WIND INSURANCE. CAMARDELLE DESCRIBES THIS AS A DICE COACH, BUT SAYS HE’S DESPERATE TO LIVING GRAND ISLE LIFE. >> IT’S TIME FOR A CHANGE. IF YOU ARE IN AMERICA YOU CARE ABOUT YOUR PEOPLE AND WHAT I DO IS DIFFICULT I WILL GIVE THEM MY DOLLAR. >> MAYOR DAVID CAMARDELLE SAYS HE’S WORKING WITH THE INSURANCE COMPANY TRYING TO GET LESS EVENTS AND HE’S MEETING WITH THE GOVERNMENT TO SEE WHAT THEY CAN OFFER. AND I FOUND THAT THE TOWN OF LAFITTE ALSO DOESN’T HAVE WIND INSURANCE ON MOST OF THEIR BUILDINGS. STAY WITH ME ON THIS GROWING STORY

Grand Isle insurance is so high, 7 townhouses do not have wind insurance

Often the first part of the state to feel the fury of a hurricane, Grand Isle. The town is facing a new, alarming problem as the storm surges in. A WDSU study found that seven buildings in the town have wind insurance. Mayor David Camardelle said: “Every day you help your people. It’s hard and it’s not true.” Camardelle says the town hall, police department, community center, multiplex, maintenance building, police building and warehouse. This means that there will be no check from the insurance company for damage to the buildings due to the hurricane. Insurance rates have skyrocketed over the years. WDSU Research found the following numbers on the town’s fire and wind bills. insurance: 2017- $47,7052018- $50,0132019-$56,0942020-$64,2462021-$74,2002022- $182,000 “A thousand dollars is like gold to me right now,” Camardelle said of his total city budget of $4 million. To make matters worse, last August Hurricane Ida devastated the island, the resulting property damage resulted in a 40% reduction in the town’s property tax. One result of this reduction, less money in the town is causing some public employees to leave.” It is time for a change.” Camardelle said they are working with insurance companies to reduce the cost and the government’s contribution. .

Often the first part of the state to feel the fury of a hurricane, Grand Isle. The town is facing a new, dangerous problem as storm season approaches.

WDSU Research found that seven city buildings have wind insurance.

Grand Isle’s mayor says the town can’t afford the rising insurance bills.

Mayor David Camardelle said: “I am moved. “Every day you help your people. It’s difficult and pointless.”

Camardelle says the town hall, police department, community center, multiplex, maintenance building, police headquarters and warehouse have zero wind insurance. This means that there will be no check from the insurance company for damage to the buildings due to the hurricane.

Insurance prices have risen dramatically over the years.

WDSU Researchers found the following numbers for the city’s fire and wind insurance premiums:

2017- $47,705

2018- $50,013

2019- $56,094

2020- $64,246

2021 – $74,200

2022 – $182,000

“A thousand dollars is like gold to me at this point,” Camardelle said

Camardelle said his city’s total budget is only $4 million.

To make matters worse, last August Hurricane Ida devastated the island, the resulting property damage resulted in a 40% reduction in the town’s property tax.

One result of these cuts, the town’s low budget is causing some public sector workers to pick up and leave.

“It’s time for a change,” Camardelle said.

Camardelle said they are working with insurance companies to try to get lower rates and government subsidies.