FEMA tells Plaquemines Parish that massive insurance rate increases are coming | Page 2 | TigerDroppings.com

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Placebeaux
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re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


quote:

spell check, likelihood.


do you mean livelihood?






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CptRusty
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re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


quote:

brah


brah yourself.

OK... [/Mind Open]

Please explain to me why it makes sense for the government to subsidize insurance for homes in high risk areas.







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Layabout
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re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


quote:

And hasn't it flooded three times in the last 6 years? Katrina, Rita and Isaac - not to mention Camille 40 years ago?



Don't forget Betsy in 1965.






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Placebeaux
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re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


quote:

Please explain to me why it makes sense for the government to subsidize insurance for homes in high risk areas.


Tell me one place that isnt at risk of a natural disaster. I'm sure the people in New Jersey felt the same as you about 4 months ago.






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CptRusty
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re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


I would say "nice dodge", but it really wasn't.

Try again: Please explain, if you can, why it makes any sense in the world for the gov't (and by proxy, all of the taxpayers) to subsidize insurance for homes in high risk areas?

ETA: you know as well as I do that some areas are at a higher risk of various kinds of damage due to natural disasters. This is why insurance rates are different, or at least are supposed to be.

I don't really feel the need for earthquake insurance in Louisiana, just like People in CA probably don't have much insurance for hurricane related damage. Don't play dumb.



This post was edited on 1/29 at 5:41 pm


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junkfunky
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re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


quote:

Don't forget Betsy in 1965.






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tigerrocket
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Member since Aug 2008
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re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


I think that the government should require everyone in the country to buy flood insurance whether they need it or not. It solved the health care crisis. Didn't it?





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lsu13lsu
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Member since Jan 2008
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re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


quote:

I grew up in Plaquemines Parish and I got to say it's a damn shame what the government is doing to the people down there. I don't know how they can justify this. In 40 years it's only flooded once in lower plaquemines.


Government shouldn't be subsidizing flood/storm risks. It creates situations like I am in where I am paying FEMA (tax!) flood insurance on a property that will never flood. They changed the flood maps to include houses like mine because it pays for houses in Plaquemines Parish.






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cssamerican
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Member since Mar 2011
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re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


My flood insurance is going up 6 times its previous rate because they have redone the maps. But my house was built prior to all the floods in the past 10 years and I have never even come close to being flooded. It is BS!





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Placebeaux
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re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


quote:

Please explain, if you can, why it makes any sense in the world for the gov't (and by proxy, all of the taxpayers) to subsidize insurance for homes in high risk areas?


Look, we all pay taxes and how they are used can be argued till the cows come home. You have to know some of the history of what is going on in Plaquemines parish to understand.

After Katrina the governments focus was on getting people back to Louisiana and offered many incentives to do so. Now fast forward 7 years that same government is leaving these people out to dry. Most people applied and recieved SBA loans to rebuild down there and still owe on those loans. So now not only can people not afford to raise their homes, they can no longer sell them because the government just made them worthless. but not all victims are "rebuilders".

In Jesuit Bend which did not flood for any storm, the people are falling into this map. The average home there cost around 350k as of right now. So people that never had flood damage are going to paying 12-15k per year in flood insurance alone. Now is that right?









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I B Freeman
Member since Oct 2009
5717 posts

re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


quote:

My point is, why is Plaquemines high risk? Certain parts of Florida have been hit more often by storms and you dont see them having to raise their homes 21ft


I can't think of a single community in Florida where there are a significant number of people living at an elevation as low as Plaquemine Parish. Even in places like Destin the elevation rises quickly from the bays and the Gulf.

Too much of Louisiana has been settled because flood insurance was available. I say end. We have subsidized the building of homes in flood prone areas for too long.

I don't care if people want to live below sea level but they shouldn't get my tax dollars to subsidized their insurance.






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I B Freeman
Member since Oct 2009
5717 posts

re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


If as some here are saying that Plaquemine rarely floods then they should just not buy flood insurance and shouldn't worry about it.





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Placebeaux
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re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


We paid tax for years for levees that have no use now.

I'm glad everyone has a high horse to ride around here. In Plaquemines Parish that horse has to be 21 ft high.

When yall get old. I hope the government wipes their arse with yalls medicare.






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nobodytooimportant
Member since Oct 2012
657 posts

re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


I was unaware that people in parishes that voted for Romney 63 - 35 received government handouts and other free stuff. This board assured me that only Obama voters received free things.

Oh wait, I have solved the dilemma, as long as we don't call it government handouts just things I deserve, then it is okay and doesn't count.






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Placebeaux
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re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


quote:

I was unaware that people in parishes that voted for Romney 63 - 35 received government handouts and other free stuff. This board assured me that only Obama voters received free things


nobody is asking for free shite brah






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Placebeaux
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re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


quote:

If as some here are saying that Plaquemine rarely floods then they should just not buy flood insurance and shouldn't worry about it.


that would be an option if the lender didnt require it.






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nola tiger lsu
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Member since Nov 2007
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re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


quote:

My point is, why is Plaquemines high risk


WTF?






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nobodytooimportant
Member since Oct 2012
657 posts

re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


quote:

nobody is asking for free shite brah



Yes you are when you are whining about your subsidized flood insurance being taken away and you wanting it back. How much did it cost last year and how much will it cost this year? The difference is the amount of free shite you are getting.

You illustrate my point perfectly, when other people get stuff it is free shit, when you get it, you pretend its not free shite.



This post was edited on 1/29 at 8:37 pm


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Placebeaux
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re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


Why are we having to pay 10k for flood when we have only been hit by one storm in 40 years? Take away the government subsidized program and where is the insurance commissioner in all this?

Why does a government offer subsidized flood programs for areas hit by a storm then years later after people have rebuilt and invested back in the area take it away and not regulate the insurance premiums? Pretty fricked up.

I'm not asking for free shite. I just want fair. What is being done is nothing short of price gouging.

Why not New Orleans? Why not MGC? Why is Plaquemines being singled out so hard?



This post was edited on 1/29 at 9:05 pm


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Placebeaux
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re: FEMA tells Plaquemines Parish that massive insurance rate increases are coming


Who can afford to pay 10k per year in flood insurance on a 250k house. Given the standard 30 year mortgage, people would pay more for the insurance than the house itself.





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