Flood insurance - the Public Option - coming up on KO

[malaise]

Makes me wonder why Dems didn't use this example from day one.
The Insurance Industry owns all of those fuggers.

[Captain Hilts]

1. Yes. I have to pay for flood insurance for wealthy peoples' beach houses. nt

[malaise]

4. Keith is tearing them a new one

Indeed this is all about the rich.

Bravo Keith! Expose the fucking hypocrites.

[Ineeda]

7. generalizations are often wrong

so please direct your anger to those culpable - insurance companies and the government that allows this ripoff of taxpayers. Not everyone who has flood insurance is wealthy. I'm far from it. My small 47 year old house is a quarter mile from the ocean and I was required to get flood insurance, even though there has NEVER been a flood anywhere near my community. I pay through the nose for this insurance and hope I never have to use it. (BTW I also have to pay an exorbitant amount for wind coverage in addition to the normal homeowner's fire and liability.) If Katrina taught me anything, it taught me that even though I have this insurance, I'll probably never collect if there's a disaster.
Don't get me wrong. I agree with your outrage. It's just aimed at the wrong target.

[Captain Hilts]

8. Yes and no. In the Northeast they're all wealthy. The NE has tighter regulations on

building by the ocean. The south - such as Virginia Beach - let people put up all kinds of crap.

Check out the stuff relating to the sale of Katharine Hepburn's house in Old Saybrook when she died. It provides a great review of a lot of the laws. Building to code requires money.

[Ineeda]

9. True enough.

My house is a good, sturdy, modest home but built to 1962 standards. Rebuilding would be an expensive nightmare and I doubt I could do it even if insurance paid every penny of the coverage. I remember the insurance horror stories after Katrina - the insurance companies didn't want to pay out on policies and made people's lives even more miserable. It's just like health insurance - pay, pay, pay those premiums, but don't expect to get what you paid for. BTW Miami-Dade code, which I believe covers all of Florida, is extremely stringent since Andrew.

[Captain Hilts]

10. My brother is just south of Ft. Myers. nt

[Ineeda]

11. I'm an hour or so north.

Charlie sure did a lot of damage in his area. I got lucky that time - I believe it might have hit here but the storm made an unexpected easterly turn. I hope he was okay.

[Ruby the Liberal]

2. This is brilliant

Way to finally nail jello to the wall, Keith.

:applause:

They can't make money off of *mandatory* flood insurance - they can make billions of denying healthcare.

[malaise]

5. Yes indeed

Bravo Keith

[Sebastian Doyle]

3. Keith just nailed those hypocrites!

Especially the "Peoples Republic of Texas" :rofl:

[malaise]

6. That was freaking

PERFECT :rofl: