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re: Arkansas man works to save home from flood...amazing work

Posted on 5/14/11 at 11:24 pm to
Posted by the LSUSaint
Member since Nov 2009
15444 posts
Posted on 5/14/11 at 11:24 pm to
quote:

Not everybody has a mortgage.
30 years of flood insurance could buy a home.
Roll of the dice.


Flood insurance for me is about $400 per year. I'm sure its a little higher in other places but not much (federal program). Even if its 1000, thats only saving 30000 in 30 years....not a very nice home
Posted by Tigah in the ATL
Atlanta
Member since Feb 2005
27539 posts
Posted on 5/15/11 at 12:04 am to
quote:

The amount of time, money, and energy he spent building that he could have just emptied everything of value from his home and paid his flood insurance deductible.

never been though a flood, have you? Most people would rather not.
Posted by sheek
The Woodlands, TX
Member since Sep 2007
43895 posts
Posted on 5/15/11 at 12:39 am to
You would think he would have flood insurance but I bet his would be around 3-4k a year in his area. I know that is about what it is now in rural coastal Louisiana. Lot Of people roll the dice
Posted by tetu
Ascension Parish
Member since Jan 2011
12269 posts
Posted on 5/15/11 at 12:49 am to
I pay about $1500/year on flood insurance fwiw
Posted by Rocketvapor
Covington
Member since May 2011
42 posts
Posted on 5/15/11 at 12:52 am to
Remembering some of the fights after Katrina with insurance companies I wonder how long it will take to collect in the basin?

Manmade, no natural disaster, no manmade, no natural disaster, no
Posted by Purple Spoon
Hoth
Member since Feb 2005
18046 posts
Posted on 5/15/11 at 12:56 am to
What scares me about that video. If your handywork project fails in the middle of all that water, you lose your hard work, your tractor, your home and quite possibly your life. GTFO
Posted by Rocketvapor
Covington
Member since May 2011
42 posts
Posted on 5/15/11 at 1:03 am to
Agree, but if I had the resources and was in the same situation, I'd probably try the same thing.
Stubborn is an stubborn does.
We sat through every hurricane on the north shore and the only thing I would have done differently would be to send the women, children and old people to higher ground to relatives, never a shelter. My wife, the swamplady excluded (she reads this)
Running a generator to keep the pumps and freezer going is one thing. Wasting gas on an air conditioner is another. What a pain.
I wish all those that elect to stay behind the best of luck.
This post was edited on 5/15/11 at 1:06 am
Posted by Helo
Orlando
Member since Nov 2004
4598 posts
Posted on 5/15/11 at 6:40 am to
The cost is secondary to saving his home/stuff and dealing will all the bullshite for months afterward. Flood insurance doesn't cover everything, is a pain in the arse to process and you still have to repair or replace everything.

When all his neighbors are spending the next year picking up the pieces, this guy will take a couple weekends to clean up his yard and be back on his merry way.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 5/15/11 at 11:56 am to
quote:

never been though a flood, have you? Most people would rather not.


Which is why when I purchased my home, I chose not to live in a flood zone.
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