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Reply #5: Jeb gifted the insurance industry with over $20billion in claims.... [View All]

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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-30-05 10:21 AM
Response to Reply #1
5. Jeb gifted the insurance industry with over $20billion in claims....
...avoidance by implementing the hurricane deductible rider and calling the entire state of Florida a hurricane disaster area even before the first one Charlie ever made landfall. That automatically made any claim regardless of whatever weather damage anyone in the state had, subject to the substantially higher deductibles (2% to 7% of th insured value) rather than the standard deductibles for wind and water damage.

Jeb has allowed all insurance companies to raise premiums and also put in place bureaucratic loopholes and stop points that have denied hundreds of thousands of property owners full access to the claims they could have with insurance companies by allowing depreciation on damaged parts of homes and businesses.

Lastly, any areas (Orlando/Central Florida) which were hit with multiple hurricanes were forced to have up to triple deductions on the damages and Bush backed that even though the hurricanes were within 6 six weeks of one another. Jebs popularity numbers in many sections of Florida are fiction at best!
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