Monday, February 2, 2009

Most Expensive States for Insuring a Home

Posted by: Thomas Gillick

by Matt Woolsey
Wednesday, August 20, 2008

Parts of coastal Texas and Mexico were treated to 15 inches of rain courtesy of Hurricane Dolly, a Category 2 storm that made landfall last month. Its 100 mile-per-hour winds made it the most powerful U.S. storm since Wilma, a Category 5 storm in 2005.

But compared with what's expected through the end of the year, Dolly looks like a light drizzle. The National Oceanic and Atmospheric Administration recently announced that it expected three to six major hurricanes of Category 3 strength or higher before the end of the year. This will no doubt have homeowners in the Gulf Coast states of Texas, Louisiana, Mississippi and Florida checking their insurance plans.

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