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re: Private Flood Insurance--Louisiana

Posted on 10/26/16 at 11:14 am to
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
35410 posts
Posted on 10/26/16 at 11:14 am to
I got additional flood insurance to cover the difference and the rate was about the same as the federal rate. The difference is it's not guaranteed so if the company goes bankrupt after a flood your sol.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 10/26/16 at 11:18 am to
I just dont understand how they can dump Billions and Billions of dollars into flood protection, levees, flood walls, state of the art pump stations with some of the biggest pumps in the world, then tell us it will never happen again, therefor putting me at lesser risk but I'm paying triple what I was paying when my risk was much higher.......it just boggles my mind
Posted by windmill
Prairieville, La
Member since Dec 2005
7022 posts
Posted on 10/26/16 at 11:29 am to
Sounds illegal.
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