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La. Rev. Stat. § 22:1346.4

Minimum policy value

Louisiana · Louisiana Revised Statutes Title 22 — Insurance · Status: effective

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La. Rev. Stat. § 22:1346.4, Minimum policy value, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2705037
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An insurer shall not issue a stated value policy for a sum less than the verified outstanding balance of any mortgage on the homeowner's property, ensuring that the insurance coverage adequately reflects the financial obligations associated with the property.