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Agents Welcome Windstorm Debate; Insurers Warn Against Subsidies
National News • February 9, 2007
The Independent Insurance Agents & Brokers of America (the Big "I") says the debate over windstorm coverage is crucial for consumers and independent agents and brokers in many regions throughout ...
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| Subject | Posted By | Posted On |
|---|---|---|
| Little More To Add | DDT | Feb 12, 2007, 11:15 am |
| NFIP and Wind Coverage | CAT Adjuster | Feb 12, 2007, 8:33 am |
| RE: RE: RE: NFIP and Wind Coverage | Realist | Feb 12, 2007, 7:21 am |
| RE: RE: NFIP and Wind Coverage | Read the bill | Feb 11, 2007, 10:31 am |
| RE: NFIP and Wind Coverage | Can You Say... | Feb 9, 2007, 2:38 pm |
| NFIP and Wind Coverage | Do the math | Feb 9, 2007, 12:27 pm |
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Subject: NFIP and Wind Coverage
For those choosing to live in high risk areas especially those of the wind pool , coverage is available in the forms of NFIP flood and homeowners wind policies. Those who do not insure their residences and businesses against both the risk of wind AND flood in regions most likely affected, which are delta plains lying at or below sea level, knowingly assume the risk for potential damage.
Is it fair for those who gamble and lose the bet with mother nature to reap the same benefits of those who played it safe and purchase the proper polices?
The coverage is there, deciding to invest in it is a personal choice. Hindsight is always 20/20.