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Insurers Seek to Boost Hurricane Insurance Along Texas Coast

Texas / South Central News • March 16, 2006
Texas insurers are seeking state approval of a plan to bolster a windstorm insurance pool for coastal property owners at risk during hurricane season. The industry wants the Legislature to ...

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Subject: Texas Gulf Coast & Hurricanes

Posted On: March 16, 2006, 3:12 pm CST
Posted By: Connie
Comment:
If the proposal for this is pushed through, why should any of us carry flood or windstorm coverage? I believe that everyone should be responsible to cover their assets & if they cannot, then they should realize their choices, sell or take the chance & gamble on losing it all. I say no more for the taxpayers on things like this if there is coverage available & the property owners choose not to insure, then they have no coverage. I also understand that sometimes people may have a hard time making ends meet, but that's why we have banks & lending institutions that are willing to loan us money on things we own. I feel that if you are not in a position to cover your assets then maybe you should sell & find something that meets your budget. Life is a gamble & most people walking into a casino knows the risk & anyone living on the Gulf Coast should know the risk too. Once it's lost – it's gone – to bad so sad if you gamble & lose.
Subject Posted By Posted On
Windstorm Coverage Jack
Mar 17, 2006, 9:59 am
RE: Texas Gulf Coast & Hurricanes Chuck
Mar 16, 2006, 3:59 pm
Texas Gulf Coast & Hurricanes Connie
Mar 16, 2006, 3:12 pm
issue bonds carlfarm
Mar 16, 2006, 2:02 pm
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