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To: kevcol

It will be interesting to see how long the settlement lasts them.

As far as the HOA: they all have insurance and I’m certain that it was the insurance carrier that paid out, not the homeowners. But the homeowners are going to be in for a giant assessment soon because the insurance company will jack up the HOA’s rates greatly after this.

Just guessing based on what happened to an HOA I know of after a big insurance payout.


10 posted on 07/23/2013 4:36:29 PM PDT by ottbmare (The OTTB Mare--now a Marine Mom)
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To: ottbmare
As far as the HOA: they all have insurance and I’m certain that it was the insurance carrier that paid out, not the homeowners. But the homeowners are going to be in for a giant assessment soon because the insurance company will jack up the HOA’s rates greatly after this.

Not just that HOA. All HOAs and all homeowners will see their rates go up based on the expectation that more parents will trade a thug son for a big insurance check. It's a sad lesson to teach other parents: If you fail in raising your child, you can still get rich.

16 posted on 07/23/2013 4:40:28 PM PDT by Pollster1 ("Shall not be infringed" is unambiguous.)
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To: ottbmare
It will be interesting to see how long the settlement lasts them.

In the Honor-among-Thieves department: it will be even more interesting to watch these (put your favorite Serengeti scavenger/pest here)s try to agree on how to divvy up the spoils. From what I've heard, they don't get along at all, and have made many beds on the side.

I want the popcorn and the Acquittle/Skittle franchises for that one.

22 posted on 07/23/2013 4:45:07 PM PDT by Migraine (Diversity is great -- until it happens to YOU..)
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To: ottbmare
As far as the HOA: they all have insurance and I’m certain that it was the insurance carrier that paid out, not the homeowners.

what if the legal information contained in the settlement agreement turns out to be fraudulent (i.e. racial motivation)? Who the insurance company go after their money?
23 posted on 07/23/2013 4:45:15 PM PDT by kevcol
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To: ottbmare

Not just their HOA any HOA that has a neighborhood watch. How about an HOA that has a neighborhood watch that carries?

Board resolution that you cant carry on neighborhood watch?
If you dont your rates go up.

See how the game is played?

George was on his way to the store, but as a volunteer when is he on and when is he off neighborhood watch? In this case, was HOA liable? Doesnt matter, insurance company wants to settle. Known risk is better than unknown after verdict.

Bottom line, rates go up if HOA does not take steps to limit risk in reference to neighborhood watch and conceal carry.


37 posted on 07/23/2013 5:05:29 PM PDT by joshua c (Please dont feed the liberals)
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