Replies

To: Theoria

It isn’t fair to increase their flood insurance. They should be grandfathered in and all new owners should expect to pay exorbitant rates.

PS....there will likely be no new owners with rates that high!!

22 posted on 09/26/2013 1:42:56 PM PDT by jch10 (The greatest threat to America is the Democrats.)

To: jch10

there will likely be no new owners with rates that high!!

In a free market, prices of homes will have to adjust to account for the insurance cost.

24 posted on 09/26/2013 1:44:09 PM PDT by nascarnation (Democrats control the Presidency, Senate, and Media. It's an uphill climb....)

To: jch10

Grandfathered? You got to be kidding. That is like saying we should be grandfathered from Obamacare.

27 posted on 09/26/2013 1:47:40 PM PDT by Orange1998

To: jch10

“It isn’t fair to increase their flood insurance.”

Caveat Emptor.

I feel for them, but they are responsible for their decisions, not the rest of the taxpayers.

29 posted on 09/26/2013 1:51:41 PM PDT by RFEngineer

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