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2017-09-08 -Signs, Portents, and the Weather-
AP Exclusive: Most Florida flood zone property not insured
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Posted by Besoeker 2017-09-08 04:46|| || Front Page|| [11132 views ]  Top

#1 When you are few feet above sea level and in hurricane central, insurance will be expensive.

But probably a deal.
Posted by phil_b 2017-09-08 05:16||   2017-09-08 05:16|| Front Page Top

#2 And you just thought your mortgage was underwater.
Posted by Procopius2k 2017-09-08 09:14||   2017-09-08 09:14|| Front Page Top

#3 Choices, choices....
Posted by Anomalous Sources 2017-09-08 09:35||   2017-09-08 09:35|| Front Page Top

#4 Man who build on floodplain get soaked.
Posted by Bright Pebbles 2017-09-08 10:37||   2017-09-08 10:37|| Front Page Top

#5 Flood insurance is expensive in hurricane'y Florida. And just in case you didn't know, it's the FEDS that underwrite flood insurance (most - all? - private insurance companies won't even issue it because it's too risky). I've always wondered if it's priced high enough to accomplish two things: 1.) actually cover the true monetary risks when there are claims writ large (or whether, as I suspect, there are built-in subsidies from the Feds to keep premiums lowers); 2.) discourage people from living in high-risk areas. Don't know about #1, but my guess is that #2 is around the corner for some of the folks who decided to take their chances without insurance.

Is it really the federal government's (read: taxpayer's) job to backstop your decision to live in a high-risk spot, whether by the sea, by a river or in the heart of New Orleans? Like so many government programs, it actually encourages bad behavior that we all get to pay for over and over again.
Posted by Glomosing Omainter7636 2017-09-08 11:33||   2017-09-08 11:33|| Front Page Top

#6 ...oh, come, on, this is the government that shoved Obamacare down everyone's throats based upon spacious calculations. Math be hard for the government. When was the last time they balanced a budget without creative bookkeeping? Has to be back in the pre-Fed old gold standard days.
Posted by Procopius2k 2017-09-08 13:16||   2017-09-08 13:16|| Front Page Top

#7 Wonder how many of these properties were bought with drug cash.
Posted by rjschwarz 2017-09-08 16:09||   2017-09-08 16:09|| Front Page Top

#8 That's what happen when you buy Florida swampland.

Remember the swampland scams...
Posted by Seeking cure for ignorance 2017-09-08 17:22||   2017-09-08 17:22|| Front Page Top

#9 
Posted by 3dc 2017-09-08 22:15||   2017-09-08 22:15|| Front Page Top

#10 Sorry I just couldn't resist pasting....
Posted by 3dc 2017-09-08 22:17||   2017-09-08 22:17|| Front Page Top

22:17 3dc
22:15 3dc
22:10 Woozle and Company4485
21:53 3dc
20:28 Injun Bucket8891
20:02 Mike Kozlowski
18:33 Mike Kozlowski
18:29 Threatch Jeamp8135
17:48 Silentbrick
17:38 3dc
17:31 gorb
17:31 Seeking cure for ignorance
17:27 Iblis
17:22 Seeking cure for ignorance
17:16 charger
16:58 Sock Puppet of Doom
16:09 rjschwarz
16:08 phil_b
15:59 lord garth
15:57 g(r)omgoru
15:57 Frank G
15:55 g(r)omgoru
15:41 Threatch Jeamp8135
15:17 Procopius2k









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