[RummyChick]

What happens if they discover that the flood was the result of a levee break due to a bomb? Does the insurance company still consider it a flood since it is damage due to water?

[ChildOfThe60s]

It'd be a flood, but the exclusion for war or civil unrest would probably take precedence. Anyway you look at it, as far as the insurance underwriter is concerned, the homeowner is SOL. Which is pretty much SOP in the industry nowadays anyway.

[dufekin]

What happens if they discover that the flood was the result of a levee break due to a bomb? Does the insurance company still consider it a flood since it is damage due to water?

No. Only federal flood insurance covers water damage, and few homeowners have it, even in New Orleans, too much of which FEMA incomprehensibly considers just a "500-year floodplain." I understand, moreover, that it denies all claims if a structure experiences damages exceeding $250,000 or greater than 50 percent of its value or if the homeowner cannot make the co-payment on demand.

If the levee breaks due to a bomb, that would be an "act of war," for which most insurance offers no payments. Insurers likewise do not assume risk for the general criminal insurgency in New Orleans. Most insurance contracts are loaded with "exceptions;" although potentially valuable in many situations, they don't always pay, especially in catastrophes. And I've heard that they will take three years to even consider whom to offer benefits. In the case of New Orleans, insurers may demand access to the property (which local authorities will deny) and send mail to that address.

[No Surrender No Retreat]

Morning Rummychick,
Looks like a smoking gun has been found. Blowing up levees would entail homicide charges against the perps.

We all see why the mayor, governor and senataor and trying to deflect attention away from them, in this government money grab scam.

Typical democratic playbook strategy, seek to exploit any disaster for political&pecuniary gain.

This explosive residue will be traced to the source and the purchaser unveiled.

It would be nice to see some municipal, state and a certain La senator bite the bullet on this one.(Penal Institute Long Term)

"Crimes have short legs and are often caught easily."

Integrity Matters,
NSNR-CSAOTL

[johnb838]

Two barges full of dyno-mite acc. to Dick Gregory.