2010 rebates for Citizens assessment end soon
BATON ROUGE- Louisiana taxpayers are leaving tens of millions of property insurance rebates unclaimed again this year.
Insurance Commissioner Jim Donelon said Thursday more than $50 million in rebates remains unclaimed for the Louisiana Citizens Property Insurance Corp.'s 2010 assessment. The deadline to claim a rebate for that assessment is Dec. 31.
All property insurance policyholders - whether they are insured by Citizens or not - pay the Citizens assessment each year.
Policyholders can claim rebates for assessments charged in years 2010 through 2014.
To date, 61 percent or $269 million of the funds assessed during those years remains unclaimed.