Posted On: November 24, 2008, 3:29 pm CST

Posted By: wudchuck

agree w/the disagree...now, if i started rebuilding and it suffered a loss, then the second storm would rebuild up to the point of the finished spot of the previous rebuild. now, if they did not even start the rebuild, then the second storm is no cost. i would think that if i am the insurance agency, i would act to rate it based on multi-hit area. the government is not running the insurance business, if so, let them get into it. see if they run out of money! you know they are because now in florida they do have a hurricane catastrophe pay added already to the auto policy. this is state money being used to handle past situations and not the present. if i recently moved to florida, why should i have to pay for past mistakes! if i am an insurance company, how do i plan to make a profit if the state is taking my money. i'd sue the state for money due back to me since you don't want me to take another DP. afterall, it is one, two, three and not onetwothree. LOL!