House Reps. Introduce National Catastrophe Insurance Proposal
National News • January 5, 2007
U.S. Representatives Ginny Brown-Waite (FL) and Vern Buchanan (FL) today introduced the Homeowners' Insurance Protection Act of 2007, a comprehensive catastrophic insurance bill that would ...
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Subject: RE: RE: RE: RE: Finally they are getting it
Posted On: January 5, 2007, 2:01 pm CST
Posted By: Andrew
Comment:
Kate, I don't want to get on that soapbox. Actually, I think Florida does an outstanding job of preparedness. Particularly as opposed to Louisiana, who just stands there with their hands out. I don't have a problem helping out in times of emergency. I just don't want to pay for rebuilding the property of someone who has not prudently prepared for potential, and in some cases probable, loss.
I do understand the situation. Two buddies and I have a condo in Fl and the association's insurance is nearly tripling this year and that is only an estimate. We are told that with surcharges, cost may increase further. Our individual unit coverage is doubling with deductible doubling. We are in a high risk area and I understand paying for that risk.
Linda, Come on up. Coincidentally, while I do not live in McMinnville, all my family is from that area. Beautiful area.
Subject: RE: RE: RE: RE: Finally they are getting it
I do understand the situation. Two buddies and I have a condo in Fl and the association's insurance is nearly tripling this year and that is only an estimate. We are told that with surcharges, cost may increase further. Our individual unit coverage is doubling with deductible doubling. We are in a high risk area and I understand paying for that risk.
Linda, Come on up. Coincidentally, while I do not live in McMinnville, all my family is from that area. Beautiful area.