Southeast News
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Fla. High Court Affirms Policies Cover Only Losses from Covered Perils
Southeast News • September 21, 2007
Florida's valued policy law means property insurance companies are only responsible for actual damages caused by perils that are specifically cited in the policy, the Florida Supreme Court has ...
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| Subject | Posted By | Posted On |
|---|---|---|
| Save your time, please. | Alexios | May 6, 2008, 3:53 pm |
| Your site has very much liked me. I shall necessarily tell a | Aristides | Apr 15, 2008, 11:35 am |
| RE: At last... no activism | Mary B. | Sep 24, 2007, 2:25 pm |
| RE: Buy Max Flood & Minimum Amt. of Homeowners | johnny | Sep 24, 2007, 2:19 pm |
| RE: RE: To bad So Sad - Agents will be the next target | Anon | Sep 24, 2007, 2:17 pm |
| A Fair Ruling | pw | Sep 24, 2007, 11:57 am |
| At last... no activism | Anon | Sep 24, 2007, 11:04 am |
| Hip, hip, hurray! And "that book" | OA | Sep 23, 2007, 6:39 pm |
| LIFE AIN'T FAIR Kim David | Peter Griffin | Sep 23, 2007, 12:00 am |
| Buy Max Flood & Minimum Amt. of Homeowners | Kim David | Sep 22, 2007, 6:41 pm |
| RE: To bad So Sad - Agents will be the next target | Fla Agent | Sep 21, 2007, 2:59 pm |
| Hazard vs. Flood | Stacy | Sep 21, 2007, 1:23 pm |
| RE: To bad So Sad Lawyers!!!!! | plymn | Sep 21, 2007, 1:19 pm |
| To bad So Sad Lawyers!!!!! | Tommy | Sep 21, 2007, 9:14 am |
| Back to article | ||
Subject: RE: To bad So Sad - Agents will be the next target
The Florida Assn. of Insurance Agent's Bob Ross & Dave Thompson have been preaching the need for a signed waiver for as long as I can remember. Probably since the inception of the NFIP.
Chances are that many of these "victims" were offered flood, had they gone to an independent agent, especially those that belong to FAIA. Ergo the suit against the carriers.
Many of the areas that flooded were not in the high risk SFHA A & V zones. In fact, there were areas that hadn't been flooded in over 100 years. These people were probaly told by their realtor that the property "wasn't in the flood zone,"
and they "don't have to buy flood insurance." This ill advice was then reinforced by the lender who also told them they not in a flood zone.
Here's a thought, why not sue the idiots who gave out the misleading advice in the first place. They certainly profited from their association with the buyer.