well, most of the insurance will have been provided by the federal government
I'm thinking it's flood insurance that's picking up most of this tab
if people live near the water, don't have a mortgage and don't have insurance, they're in some deep shit
then again, most of the value of their property is really the location, so they can choose to sell and build elsewhere
I imagine there are many families out there shitting bricks right now
I'm thinking it's flood insurance that's picking up most of this tab
if people live near the water, don't have a mortgage and don't have insurance, they're in some deep shit
then again, most of the value of their property is really the location, so they can choose to sell and build elsewhere
I imagine there are many families out there shitting bricks right now
Funny thing is a lot of states will declare emergencies even if the disaster is no where close to them. We saw this with Isaac a few months ago with states declaring a state of emergency simply to be eligible for Federal money. Of course the president has the right to say "no way, you aren't in an emergency situation."
I remember when the Red River flooded in North Dakota about 15 years ago. I wondered why we should pay to fix up people's homes that don't have flood insurance or can't get it because they live in a flood plain. If you live in a flood plain you are taking the risk.
My brother is an insurance agent and said even people with flood insurance don't get everything covered. It doesn't cover drywall and a few other things so if you get flooded you end up paying for the drywall.
hno:Ok .. than what is done with the displaced folks,,who lost everything ?
I can't believe in this day an age in AMERICA . . . some want to make a business out of death and destruction.
I don't know politics well . . but I ASSUME this is a republican point-of-view.
Everything isn't a business / Everything isn't about profits / Everything is / should be about Humanity !
I have no problem with the educated and corporations making all the money they can, they should / but NEVER at the expense of a decent AMERICAN left behind, so someone can just fatten their wallet.
It's simple guy, you have insurance and that insurance covers the cost of your lost stuff. It happens every single year during wildfire season when people not only lose their stuff, they lose their entire house.
I mean really, why else have insurance? If you own a home, you must have insurance if you have a mortgage and if you're a renter, it's your responsibility to have renter's insurance. If you own a car, you must have insurance.
It's not about business, it's about protecting yourself.
This point of view has nothing to do with politics. Isn't it just plain ole' common sense?
