should have listened, Bushies! Now we’re going to be paying millions more to assist our uninsured fellow citizens, when with some caution this all could have been avoided. Did Bush get impeached yet?
Well, I guess it’s true–it all depends on whose ox is getting–dare I say it–Gore’d. Where’s the outpouring of sympathy that we saw after Katrina? New Orleans is built (primarily–now I don’t want to hear about the high spots, okay?) below sea level and people act surprised when it floods. A homeowner in Iowa who lives nowhere near a body of water has the same experience and we get finger-wagging. Color me surprised–okay, well not in the least. We’ll let Rosie buy some of Gore’s bogus carbon offsets. I’ll buy flood insurance.
I have no sympathy for anyone to assumes a risk of foregoing buying affordable insurance coverage to save a few bucks or just being stupid and gambling nothing will happen to them. I am equally sick and tired of rewarding this behavior with federal aid. When somebody made a conscious decision to roll the dice and loses…….tough luck. Maybe the lesson is worth it. Without a consequence, no lesson is learned.
Truly, Dread, I was just pointing out the hypocrisy of the contrast. I’m with you. You live in a severe weather area, it’s only a matter of time before it happens to you.
I am constantly seeing references to how the federal government doles out free money to anyone who has suffered a flood loss. Apparently the people who neglected to buy insurance aren’t the only ones that lack understanding. Federal assistance is only available through grants and loans, both of which require a Presidential declaration before they are available. This happens in less than 50% of flooding incidents. The average grant is only $4000, and loans need to be paid back with interest. In either case, flood insurance will be required before the grant or loan is approved. I certainly agree that people need to be responsible for themselves and not depend on handouts, and apparently so does FEMA, although the masses of critics don’t seem to realize it.
Part of the problem is the common usage of the term “flood plain” when referring to the Special Flood Hazard Areas or the high risk A or V zones.
Realtors and loan officers commonly refer to the “flood plain” and the fact that the buyer/borrower “doesn’t need to buy flood insurance.”
Top that off with the agents who only sell flood when the client asks for it, or if they did offer the coverage, did not have the client sign a rejection form when they declined the coverage.
it goes back to being responsible. why should the gov’t rebuild your house at their expense, if you did not purchase the protection. if your told that you live in a zone where it does flood, why are you not protecting your family and their belongings. for those in the midwest – normally the area hit is not known for being flooded, these i can see FEMA stepping in and helping. but now, that we see changes in mother nature and her fury of weather, i think we all need to rethink what we need to insure.
now, if you want to blame gore or bush, then do me a favor and find where they are in cahoots w/mother nature. find me evidence they are working together. LOL! first of all, remember we are individuals. gore is not a scientists and bush was elected president and is not a scientist as well.
so stop blaming those who have no control over mother nature. each one of contribute something to the environment, so look at what you can do to help.
I guess then, the question becomes who IS to blame. I’m sure you think Bush has done something to agressively control the weather, huh? The Army Corps of Engineers has been around for a long time, through Republican and Democrat administrations. Why would this flooding be Bush’s fault alone? You really believe that the levees just showed signs of failure during the current administration and Clinton (or any of his Dem predecessors) would have fixed it (if there had been even one HINT of levee failure) because they’re SO MUCH MORE benign that those evil Republicans? Two words for you–SEEK THERAPY!
I live in an area hit by the recent floods. While I was not flooded, many of my clients were affected. Some of them should have had flood insurance. Others should have had a lot more flood coverage than they had. In any case, I am not aware that FEMA will be rebuilding homes and handing out checks to cover all their losses.
This was a 500-yr flood, or, as one weatherman said, it is a 1-in-500 chance that we would have had a flood like this. How many of us carry flood insurance when we have a 1-in-500 chance of being hit by a flood? We don’t live on the Gulf of Mexico where it’s a matter of time before we get hit by a hurricane. We live 1-2 MILES from the nearest river, and we were flooded. How many of your clients have bought or are now buying flood insurance after they’ve seen what happened in the Midwest? I’m guessing not many – if any.
Sorry to hear that many of your clients were flooded. Did you offer them a Preferred Risk Policy? Do you have signed rejections by your clients that you did?
30% of the flood losses occur in the low to moderate – 500 year – flood zones.
I received a call from a friend whose son was flooded. His agent told him at the time he purchased his HO coverage that flood insurance wasn’t available because he didn’t live in a “flood plain.”
An ignorant comment by an ignorant agent -or should I say an ignorant order taker.
Don’t know if you recall the flooding several years ago in Grand Forks, ND. The governor was on TV & radio telling everyone in December that with the heavy snow that winter, that there was going to be significant flooding in the spring, AND TO BUY FLOOD INSURANCE!
A FORMER Grand Forks agent told her clients that they don’t need to buy the coverage, because the whole town would have to be flooded before it hits them….
Not offering flood coverage to every client and not having a signed rejection is one of the largest E&O claims hitting agents everywhere – not just along the coastal areas.
Very Recently, there has been a great deal of litigation by the
FTC against bloggers and website promoters
for not revealing advertising profits, or existing
relationships with advertising agencies.
What are your personal ideas about how this could potentially effect
the blog world?
should have listened, Bushies! Now we’re going to be paying millions more to assist our uninsured fellow citizens, when with some caution this all could have been avoided. Did Bush get impeached yet?
Well, I guess it’s true–it all depends on whose ox is getting–dare I say it–Gore’d. Where’s the outpouring of sympathy that we saw after Katrina? New Orleans is built (primarily–now I don’t want to hear about the high spots, okay?) below sea level and people act surprised when it floods. A homeowner in Iowa who lives nowhere near a body of water has the same experience and we get finger-wagging. Color me surprised–okay, well not in the least. We’ll let Rosie buy some of Gore’s bogus carbon offsets. I’ll buy flood insurance.
I have no sympathy for anyone to assumes a risk of foregoing buying affordable insurance coverage to save a few bucks or just being stupid and gambling nothing will happen to them. I am equally sick and tired of rewarding this behavior with federal aid. When somebody made a conscious decision to roll the dice and loses…….tough luck. Maybe the lesson is worth it. Without a consequence, no lesson is learned.
Truly, Dread, I was just pointing out the hypocrisy of the contrast. I’m with you. You live in a severe weather area, it’s only a matter of time before it happens to you.
Please don’t tell me that the federal program is available to New Orleans, which is below sea level.
I am constantly seeing references to how the federal government doles out free money to anyone who has suffered a flood loss. Apparently the people who neglected to buy insurance aren’t the only ones that lack understanding. Federal assistance is only available through grants and loans, both of which require a Presidential declaration before they are available. This happens in less than 50% of flooding incidents. The average grant is only $4000, and loans need to be paid back with interest. In either case, flood insurance will be required before the grant or loan is approved. I certainly agree that people need to be responsible for themselves and not depend on handouts, and apparently so does FEMA, although the masses of critics don’t seem to realize it.
BK: You are 100% right on the mark.
Part of the problem is the common usage of the term “flood plain” when referring to the Special Flood Hazard Areas or the high risk A or V zones.
Realtors and loan officers commonly refer to the “flood plain” and the fact that the buyer/borrower “doesn’t need to buy flood insurance.”
Top that off with the agents who only sell flood when the client asks for it, or if they did offer the coverage, did not have the client sign a rejection form when they declined the coverage.
Result: 99% of the flood victims are uninsured.
it goes back to being responsible. why should the gov’t rebuild your house at their expense, if you did not purchase the protection. if your told that you live in a zone where it does flood, why are you not protecting your family and their belongings. for those in the midwest – normally the area hit is not known for being flooded, these i can see FEMA stepping in and helping. but now, that we see changes in mother nature and her fury of weather, i think we all need to rethink what we need to insure.
now, if you want to blame gore or bush, then do me a favor and find where they are in cahoots w/mother nature. find me evidence they are working together. LOL! first of all, remember we are individuals. gore is not a scientists and bush was elected president and is not a scientist as well.
so stop blaming those who have no control over mother nature. each one of contribute something to the environment, so look at what you can do to help.
Rosie,
This is not a political forum. I for one am sick of your liberal diatribes; certainly everyone else that reads IJ is too
wudchuck & Disgusted weren’t listening to Rosie. Obviously there IS someone to blame.
I guess then, the question becomes who IS to blame. I’m sure you think Bush has done something to agressively control the weather, huh? The Army Corps of Engineers has been around for a long time, through Republican and Democrat administrations. Why would this flooding be Bush’s fault alone? You really believe that the levees just showed signs of failure during the current administration and Clinton (or any of his Dem predecessors) would have fixed it (if there had been even one HINT of levee failure) because they’re SO MUCH MORE benign that those evil Republicans? Two words for you–SEEK THERAPY!
I live in an area hit by the recent floods. While I was not flooded, many of my clients were affected. Some of them should have had flood insurance. Others should have had a lot more flood coverage than they had. In any case, I am not aware that FEMA will be rebuilding homes and handing out checks to cover all their losses.
This was a 500-yr flood, or, as one weatherman said, it is a 1-in-500 chance that we would have had a flood like this. How many of us carry flood insurance when we have a 1-in-500 chance of being hit by a flood? We don’t live on the Gulf of Mexico where it’s a matter of time before we get hit by a hurricane. We live 1-2 MILES from the nearest river, and we were flooded. How many of your clients have bought or are now buying flood insurance after they’ve seen what happened in the Midwest? I’m guessing not many – if any.
A promised series of articles on flood insurance began yesterday at MyNewMarkets.com.
First article provides history, but it looks like the next however many are going to be more detailed.
Sorry to hear that many of your clients were flooded. Did you offer them a Preferred Risk Policy? Do you have signed rejections by your clients that you did?
30% of the flood losses occur in the low to moderate – 500 year – flood zones.
I received a call from a friend whose son was flooded. His agent told him at the time he purchased his HO coverage that flood insurance wasn’t available because he didn’t live in a “flood plain.”
An ignorant comment by an ignorant agent -or should I say an ignorant order taker.
Don’t know if you recall the flooding several years ago in Grand Forks, ND. The governor was on TV & radio telling everyone in December that with the heavy snow that winter, that there was going to be significant flooding in the spring, AND TO BUY FLOOD INSURANCE!
A FORMER Grand Forks agent told her clients that they don’t need to buy the coverage, because the whole town would have to be flooded before it hits them….
Not offering flood coverage to every client and not having a signed rejection is one of the largest E&O claims hitting agents everywhere – not just along the coastal areas.
Good luck facing your clients.
Very Recently, there has been a great deal of litigation by the
FTC against bloggers and website promoters
for not revealing advertising profits, or existing
relationships with advertising agencies.
What are your personal ideas about how this could potentially effect
the blog world?