Federal Judge in Mississippi 'Storm Surge' Case Upholds Home Insurance Flood Exclusion
National News • April 13, 2006
A federal judge in Mississippi has upheld the water damage exclusion in homeowners insurance policies in a ruling welcomed by insurers.
U.S. District Judge L.T. Senter, Jr. of the Southern ...
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Subject: RE: RE: Rodger -To Hal & Mark H
Posted On: April 17, 2006, 9:41 am CDT
Posted By: Hal
Comment:
Oh brother.
Now we get into insurance-to-value issues. The very hardest thing to do is "over-insure" a house so additional costs are covered. The companies go nuts on it and the prospective buyers accuse the agent of trying to rip them off by over-selling them.
Poe - Start a company do it "right" and if you can remain solvent for 5 years and get a decent financial rating you'll get a large percentage of market share.
In other words, put some money where your *****in' is.
Subject: RE: RE: Rodger -To Hal & Mark H
Now we get into insurance-to-value issues. The very hardest thing to do is "over-insure" a house so additional costs are covered. The companies go nuts on it and the prospective buyers accuse the agent of trying to rip them off by over-selling them.
Poe - Start a company do it "right" and if you can remain solvent for 5 years and get a decent financial rating you'll get a large percentage of market share.
In other words, put some money where your *****in' is.