Posted On: July 17, 2008, 8:45 am CDT

Posted By: Iowaboy

I agree with a few of the posters that it would be great to live in Key West, but if I do, I should know the area is prone to hurricane and other issues not common in Iowa. Thats a no brainer.
Flooding is similar. If you live near a river (in the midwest) with the scenic view, the boat and dock, you should expect that you are open to flooding compared to the guy on the bluff over looking your home. I don't really agree with the govt helping those folks either, but we do live in civilized world.. most of the time.
As far as kens remark about the taxes generated in the coastal areas versus inland..I'm ok with paying more taxes if you are willing to grow your own food and raise your own beef/pork. Where do you think much of the exported product comes from that is shipped from the coast?
This was a society of giving when you can and taking what you need..Alas no more. We have created a nation of takers.
The whole issue is about doing what is right for an insured. There is an exposure that needs to be covered. How do we do that while keeping the insurance company from going belly up? As far as "big insurance" trying to make money.. sure they are, since when did any of them become non-profits? Any agents out there looking to lose money? I didn't think so.