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To: Neidermeyer

I’m for people who need flood insurance paying market price for their flood insurance! (MUCH higher than they currently pay!)


3 posted on 10/06/2013 3:57:28 PM PDT by Onelifetogive (I tweet, too... @Onelifetogive)
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To: Onelifetogive

“I’m for people who need flood insurance paying market price for their flood insurance! (MUCH higher than they currently pay!)”

I agree. Would love to use that against Boxer, Menendez, and all coastal senators.

Heck, let the use their campaig funds to defend it.


6 posted on 10/06/2013 4:02:24 PM PDT by EQAndyBuzz (Make today a great day. Insult a liberal.)
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To: Onelifetogive

I’m for people who need flood insurance paying market price for their flood insurance! (MUCH higher than they currently pay!)
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This shouldn’t be a gov’t program .. in Florida in the last 40 years the payout has been about 27% ,, a 73% profit margin ... and peoples rates are going up in most cases 400==>500% ...


7 posted on 10/06/2013 4:04:06 PM PDT by Neidermeyer (I used to be disgusted , now I try to be amused.)
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To: Onelifetogive

I’m for people who need flood insurance paying market price for their flood insurance! (MUCH higher than they currently pay!)
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I’m also in favor of NOT subsidizing those who choose to live in flood zones also. Market rates for insurance would help adjust properties in flood zones to their REAL market values over time. That is in contrast to the ARTIFICIALLY inflated values that stem from the subsidized insurance.

I always pay an amount for my insurance company based upon the actual risks to which I’m exposed. I expect those who live in flood zones to do the same. And there IS NOTHING UNFAIR about that approach. Nothing at all.


9 posted on 10/06/2013 4:08:12 PM PDT by House Atreides ( D)
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To: Onelifetogive
Good Post sir:

We need to get the federal government out of the Flood Insurance business and let the people in Louisiana, Mississippi, Alabama Florida and coastal Texas pay the full amount it cost to insure their property in flood prone areas.

I do not live in a flood prone area. I do not have insurance for flood as I do not need it. However, my insurance policy reflects the companies liabilities for clients that do live in flood prone areas. In effect I am subsidizing the insurance policy of those that do build in flood prone areas.

42 posted on 10/06/2013 10:42:10 PM PDT by cpdiii (Deckhand, Roughneck, Mud Man, Geologist, Pilot, Pharmacist. THE CONSTITUTION IS WORTH DYING FOR!)
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