[Mule]

Posts from another board by much more knowledgeable folks:

"Insurance companies and FEMA both have gotten away with not paying the majority of damages. Those whom were paid from the damages the amounts and damage provisions covered was and is a joke.

I will give you one example, I know of about a house that still is standing. House is fully flooded up halfway to top of rooms. So flood damages allowed were only what was damaged. iN other words the bottom of the rooms and floor. Minus the deductable that is what that family was paid. Problem is it takes twice that to do the repairs.

There is always more than on side to any issue and so many insurance companies including FEMA have grabbed unto legal loopholes to get out of paying the high damages.

Ed
Ed i fully understand.i had 3 sister in laws that lived in Lakeview and my mother in law.my Mom and dad live in Chalmette and my sister in Arabi.all had about 8 to 12 feet of water in their house.some had insurance and some of them didn't. My Mom and Dad wouldn't take any money and didn't have insurance.they just sold the house for 25000 right before my mom died last month.my sister had insurance and rebuilt only her bottom floor that was damaged with the insurance money.top floor was ok. my mother in law had insurance on her house and got enough to rebuild it.she also had 2 tri plexes that went under but didn't have insurance on them.The government doesn't give you money for a house you don't live in.my other sister in law got 150000 from the government to rebuild and it cost her 250000 to rebuild.she had no insurance.she was glad and should be to get that for being so stupid and not carrying insurance.so some got money and some didn't.I'm just pissed because i pay insurance all these years and people that didn't have it got free money for their stupidity . makes you think ,why have it if the government is going to bail you out?
And I'm talking about flood insurance.insurance companies don't sell that.only the government sells flood insurance.So why did i pay all these years?
People without flood insurance should be grateful they got anything.they shouldn't have gotten a thing.
But in another sense ,id rather an American get help from our government than another country that hates us. so i'm split on this subject."

And before you start jumping up & down about folks without ins. John Stossel did a piece once on how his & other uninsurable, beach front mansions were being rebuilt w/ govt money after a storm, some for the second or third time.