Posted On: May 24, 2006, 2:43 pm CDT

Posted By: Mr. Straight Shooter

The reality is, in the event of catastrophic loss, these uninsured are insured. Backdoor insurance, federal relief funds. Katrina is a prime example. Those that were properly insured are making serious inroads and in some cases back in their remodelled homes. Other than a couple Red Cross meals and a little inconvienience the educated and responsible members of society have been made whole. The "other" segment of society...even after suffering this huge loss and being baled out with federal tax dollars and societies good will...still won't buy a basic policy. It's just a reality that needs to be addressed early on, say in a high school economics class. Novel idea huh? Maybe we can also teach some credit card and interest rate basics!