Coastal rebuilding

Right said:
And frankly, I'm rather tired of having my tax dollars used to rebuild overpriced ocean-front property that I choose not to own, again and again.
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Doesn't homeowners insurance cover it? Most people with ocean-front property can usually afford it.
 
Right said:
I don't live on the coast for several reasons, one of which is the likelihood of getting personal and real property wiped out by ocean storms. And frankly, I'm rather tired of having my tax dollars used to rebuild overpriced ocean-front property that I choose not to own, again and again.

At the least, I think if FedCo writes checks for destroyed property, then it should own the property and let it revert back to nature, and become a buffer for properties that are better sited.
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Actually, not a terrible idea.

Rich people need to get used to the idea that they are not entitled to build McMansions on the beach.
 
Trump Diva said:
Doesn't homeowners insurance cover it? Most people with ocean-front property can usually afford it.
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Homeowners insurance does not cover flooding. Flood insurance is a federal program that is losing money every year, so you and I are subsidizing the rich. Rune likes this.
 
Right said:
Homeowners insurance does not cover flooding. Flood insurance is a federal program that is losing money every year, so you and I are subsidizing the rich. Rune likes this.
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It is not just the wealthy that live in flood plains or zones.
 
Trump Diva said:
Doesn't homeowners insurance cover it? Most people with ocean-front property can usually afford it.
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Read, and learn:

Many homeowners learn the hard way (or the wet way) that their homeowners' insurance doesn't cover property damage caused by hurricanes and floods. If you live in a potentially affected area -- which could include everything from a home on the coast near a fragile levee that sees frequent floods to one downhill from a stream that hasn't flooded in years -- you probably should buy a separate flood insurance policy to cover your home and its contents.

Here's how to get flood insurance, and what it will and won't cover.

You can purchase flood insurance from your broker or agent through the National Flood Insurance Program (NFIP), which is managed by the Federal Emergency Management Agency (FEMA). Flood insurance is available to any homeowner who lives in one of the many NFIP-participating communities (which have agreed to pass and enforce certain storm water and flood plain management laws).

A flood insurance policy through the NFIP can provide maximum coverage of $250,000 for property and $100,000 for contents. (Property and contents coverage must be purchased separately, even though they may form part of the same policy.) If you want additional coverage, you can purchase excess flood insurance from private insurers. The average flood insurance policy costs less around $700 per year, according to the NFIP.

If you buy a home in a designated high-risk flood zone and get a mortgage loan from a federally regulated or insured lender, your lender must require that you purchase flood insurance.

Here's what flood insurance pays out for each type of property covered:

Contents. Flood insurance pays actual cash value (not the most generous amount -- it means the cost to replace the damaged or lost property based on its actual, depreciated value as used goods).

Property. You can opt for replacement cost coverage (the cost to replace the damaged or lost property with new property, without regard to depreciation) if you're insuring a single-family home that is your primary residence. Available coverage is at least 80% of the full replacement cost of the building (an amount that's set in advance for your property) or the maximum available under the NFIP.

http://www.nolo.com/legal-encyclopedia/hurricanes-flood-insurance-what-homeowners-30130.html
 
God bless America said:
Read, and learn:

Many homeowners learn the hard way (or the wet way) that their homeowners' insurance doesn't cover property damage caused by hurricanes and floods. If you live in a potentially affected area -- which could include everything from a home on the coast near a fragile levee that sees frequent floods to one downhill from a stream that hasn't flooded in years -- you probably should buy a separate flood insurance policy to cover your home and its contents.

Here's how to get flood insurance, and what it will and won't cover.

You can purchase flood insurance from your broker or agent through the National Flood Insurance Program (NFIP), which is managed by the Federal Emergency Management Agency (FEMA). Flood insurance is available to any homeowner who lives in one of the many NFIP-participating communities (which have agreed to pass and enforce certain storm water and flood plain management laws).

A flood insurance policy through the NFIP can provide maximum coverage of $250,000 for property and $100,000 for contents. (Property and contents coverage must be purchased separately, even though they may form part of the same policy.) If you want additional coverage, you can purchase excess flood insurance from private insurers. The average flood insurance policy costs less around $700 per year, according to the NFIP.

If you buy a home in a designated high-risk flood zone and get a mortgage loan from a federally regulated or insured lender, your lender must require that you purchase flood insurance.

Here's what flood insurance pays out for each type of property covered:

Contents. Flood insurance pays actual cash value (not the most generous amount -- it means the cost to replace the damaged or lost property based on its actual, depreciated value as used goods).

Property. You can opt for replacement cost coverage (the cost to replace the damaged or lost property with new property, without regard to depreciation) if you're insuring a single-family home that is your primary residence. Available coverage is at least 80% of the full replacement cost of the building (an amount that's set in advance for your property) or the maximum available under the NFIP.

http://www.nolo.com/legal-encyclopedia/hurricanes-flood-insurance-what-homeowners-30130.html
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If your position is that no private insurers offer flood insurance, you are misinformed.

Read and learn.

https://www.nytimes.com/2016/09/08/your-money/how-to-assess-private-flood-insurance.html
 
how about we insist they build infrastruce that can withstand the events they will see in the future.


republicans dont like infrastructure to be good enough to match the threats of the area


why?
 
God bless America said:
You asked this:

I showed you some pertinent information. If it's not to your liking, I guess you could throw some racial slurs around like you have before.
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What was your point? That was the question. I already know about flood insurance.

And NFIP is not the only option for flood insurance.
 
God bless America said:
As far as I know, neither TD or I have ever bragged about spitting in a black man's face. But you have.

Now, shut up, skank. :rofl2:
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you are a racist asshole




do you think not being a racist means you NEVER have a problem with the behavior with someone whos black?



it means treeating them like you would anyone feces mouth
 
Trump Diva said:
What was your point? That was the question. I already know about flood insurance.
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That explains why you asked about homeowner's insurance coverage, I guess, in the same way that an average error of 175 kilometers is "close to spot on" and "Sailor is a good guy". :rofl2:

Trump Diva said:
NFIP is not the only option for flood insurance.
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Never said it was, did I?
 
God bless America said:
That explains why you asked about homeowner's insurance coverage, I guess, in the same way that an average error of 175 kilometers is "close to spot on" and "Sailor is a good guy". :rofl2:

Never said it was, did I?
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I wasn't asking because I didn't know. Thought it was obvious most people who have oceanfront property carry a flood rider on their policy. Although there are always exceptions.

No model predicted Irma with 100% accuracy, however it's my understanding the Euro was the closer prediction, especially with the Westward track to Florida.

I've posted with Sailor a long time, my assumption of people is based on what they write alone. Just as I wondered why you'd make the extra effort to change the font size in your links just to inconvenience people. That's mean in a passive-aggressive way.

IMO, Sailor has always seemed reasonable, decent and a gentleman. Definitely not an angry person.
 
Trump Diva said:
I've posted with Sailor a long time, my assumption of people is based on what they write alone. IMO, Sailor has always seemed reasonable, decent and a gentleman. Definitely not an angry person.
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I gather he hasn't asked you to "have coffee" with him on the SS Minnow, then? :rofl2:

Trump Diva said:
Just as I wondered why you'd make the extra effort to change the font size in your links just to inconvenience people. That's mean in a passive-aggressive way.
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Poor baby. Izzum gots a sad? :rofl2:
 
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