Quote:
Originally Posted by id10t
Thats the thing though. Normal storm vs "Storm of the Century".
I can see where splitting coverage could work - if there was a way of defining "normal" vs "who would think this would happen".
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Yes, the Govt. will always assist in times of unique problems' as in Harvey but why Govt. Insurance? The Govt. should not be in that business.
Every home owner should know if his home is in a risk area...100 year/500/ whatever and take the appropriate action.
If you live on the Ocean or nearby, by a river, in a 'plain' without adequate run off area you will eventually have some kind of damage.
This isn't rocket science and I've seen the homes on the outer banks destroyed/rebuilt/destroyed/rebuilt with Govt. funded insurance...that is wrong...and the majority are not full time residences but vacation homes...