Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Responding to the insurance claims of property owners hit by last October’s super-storm Sandy, the House voted Friday to approve $9.7 billion in additional borrowing authority for the National Flood Insurance Program (NFIP) which covers property owners in flood-prone areas.
This is a thread created with bad intentions. Steer clear...
If you live in a "determined federal guideline flood line" the federal government created a federal flood "insurance program" to fund and credit private and non insured property. When disaster strikes, private insurance companies pay what they can and the rest to billed back to the federal government or the government pays claims based on whatever guidelines they see fit at the time.
1. People who have property on flood lines should be responsible for their CHOICE TO LIVE at this locations and the PROPER insurance to cover it. Usually these properties are highly over priced million dollar houses etcs. Government is basically letting people live at these locations RISK free with the chance to bailout everyone if their house floats away. If your house floods anywhere outside the federal flood line you see no money. :-)
2. The federal government is picking and choosing which properties to bailout based on your location.
Rebuilding houses are not the role of government, handing out tax payer money to people who live next to a ****ing ocean appears to be something the government will pay for as well.
I think you need to read up on how flood insurance works. The Gov. Does not pick and choose anything, they pick up the slack that the private insurance companys don't want because they don't like to pay out. So if you live near the water or in Florida or other places that don't flood small areas, if they flood half the state floods.
This is a thread created with bad intentions. Steer clear...
I don't think the OP understands that every home is in a flood zone. Or that the gov picks up the slack that the private insurance company's don't' want. If anyone is cherry picking its the insurance company's. If the Gov. passed a law that the private ins.co. had to take flood insurance then your insurance would go up to cover the cost. The idiots here would start to cry Like a little girl that had her candy taken away.
There are many different kinds of flood zones. Not all or even many are in flood planes. Every home is in a flood zone. Some are in a zone that will flood every ten years, some are in 500 year flood zones. So you don't seem to get that no one is in a no flood zone. I have seen flash floods push cars off the road and destroy a home in the middle of the desert near Las Vegas. With weather uncertainty things are going to get tricky.
Well theyre not going to deny insurance for one in 500 year events. Its more places than flood every few years.
I thought the thread was a joke. Now that it appears to have been an actual attempt to justify not passing the relief bill, it kind of makes the whole premise even more sadly amusing.
Why not? Why is it that if ten people lose their house, the insurance is denied, but if 10 000 lose their houses, the tax-payer bails them out?
Nobody is being bailed out, this money is to prop up the GOVERNMENT flood insurance program which people purchase flood insurance policies from. These people had insurance and have filed a claim, this money is to pay those claims because some idiots in DC screwed up the program and it's now coming close to being insolvent.
Again, this thread HAS to be a joke. I know liberals are ignorant but not this ignorant usually.
I thought the thread was a joke. Now that it appears to have been an actual attempt to justify not passing the relief bill, it kind of makes the whole premise even more sadly amusing.
I still say it's a joke. I refuse to believe anyone is this stupid.
So, you did not want to get relief to the victims?
Figures....but predictable....
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.