The cost of fire insurance will drop for homeowners in the Holiday Village area of Rapides Parish Fire District 4 in Louisiana.
Insurance Commissioner Jim Donelon says the rate reductions in fire insurance premiums are set to go into effect Oct. 12.
The reason for the reductions is that Fire District 4 has improved its fire protection grading from Class 5 to Class 4.
The Town Talk reports fire insurance for a home valued at $150,000 was costing residents in Fire District 4 about $1,198 a year.
That cost is likely to drop to about $1,115 under the new grading, saving homeowners about $83 in annual premiums.
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Topics Louisiana
Was this article valuable?
Here are more articles you may enjoy.
AM Best Upgrades Credit Ratings of Missouri’s Columbia 
Ship Insurers Set for Major Claims From Iran War, Allianz Says 
Virginia’s New Gun Laws Challenged by Some Local Prosecutors and Lawsuits 
Florida-Based Safepoint Withdraws IPO Just as it Was Expected to Launch 
