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re: Harvey ***Catastrophic Flooding Event***

Posted on 8/29/17 at 3:38 pm to
Posted by LSUDAN1
Member since Oct 2010
11131 posts
Posted on 8/29/17 at 3:38 pm to
No someone else out of New Orleans area.
Posted by doublecutter
Member since Oct 2003
7141 posts
Posted on 8/29/17 at 3:38 pm to
quote:

3,000 homes estimated to be flooded in Friendswood, and only 1,000 have flood insurance. 



I saw something on Fox or TWC or one of the others that estimated that only 16% of homes in Houston have flood insurance. That seems like a low percentage to me.
Posted by lsuman25
Erwinville
Member since Aug 2013
43290 posts
Posted on 8/29/17 at 3:40 pm to
...HARVEY CRAWLING TOWARD THE COAST DUMPING CATASTROPHIC RAINS OVER SOUTHEASTERN TEXAS AND SOUTHWESTERN LOUISIANA...
4:00 PM CDT Tue Aug 29
Location: 29.2°N 94.3°W
Moving: NNE at 6 mph
Min pressure: 994 mb
Max sustained: 50 mph
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78302 posts
Posted on 8/29/17 at 3:41 pm to
I wouldn't doubt that. People aren't compelled to buy flood insurance when it isn't mandated. Sad, but true. I know people that didn't flood in Ascension parish and EBR that still don't have flood insurance despite what happened here last August.
Posted by Monday
Prairieville
Member since Mar 2013
5189 posts
Posted on 8/29/17 at 3:43 pm to
I've also been obsessive about it. But just like last year, I aim to be well informed and without the huge threat to us as of now, I can help the ones closest to me be informed. I'm not one to freak out though, so it's a bit daunting to talk some people down who are sandbagging their houses in places that got an inch in their house last year.
Posted by Duke
Dillon, CO
Member since Jan 2008
36494 posts
Posted on 8/29/17 at 3:43 pm to
They feel like if the beat that flood, they're not going to be flooded.

I'd remind them to look at Houston, who's seen about 20" more in places than we did last summer. There's always a new worse case scenario lurking out there, and it's worth the pretty cheap premiums being outside of the 100 year zones for the just in case scenario.
Posted by Muice
Baton Rouge
Member since Aug 2013
1268 posts
Posted on 8/29/17 at 3:44 pm to
quote:

I've been sick and uneasy just WATCHING so many going through it. People who haven't experienced loss from natural disasters may find it harder to understand.



Yeah my wife has been feeling the same way, we went from flood, to quickly rebuilding, to a baby in early November - I don't think she ever really had the chance to deal with it all and now that feeling is hitting her hard.
Posted by Chuker
St George, Louisiana
Member since Nov 2015
7544 posts
Posted on 8/29/17 at 3:44 pm to
What was the percentage of BR homes that got flooded and actually had flood insurance? Seems like it was quite low like 20 or 30%
Posted by Chad504boy
4 posts
Member since Feb 2005
178790 posts
Posted on 8/29/17 at 3:44 pm to
quote:

There's always a new worse case scenario lurking out there


i should make a thread about this.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78302 posts
Posted on 8/29/17 at 3:45 pm to
Barely 20% I believe
Posted by Uncle JackD
Member since Nov 2007
59560 posts
Posted on 8/29/17 at 3:51 pm to
So what do these people do? Does their homeowners insurance cover anything at all or do they have to take out second loans for repairs?
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78302 posts
Posted on 8/29/17 at 3:52 pm to
quote:

So what do these people do?


SBA loans. Disaster assistance? Not sure what else there is out there.
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
14762 posts
Posted on 8/29/17 at 3:52 pm to
quote:

So what do these people do? Does their homeowners insurance cover anything at all or do they have to take out second loans for repairs?


file for FEMA assistance, and then claim a loos for the rest on last years taxes to get some money up front....
Posted by heatom2
At the plant, baw.
Member since Nov 2010
13090 posts
Posted on 8/29/17 at 3:53 pm to
quote:

It's true. It's just way too close to what happened to us last year. There's still a lot of people who aren't even done rebuilding so watching this happen to Houston is causing a lot of fear and PTSD, even though it's likely not going to happen here. I can't lie, I've been obsessively following this storm since last Tuesday/Wednesday. So while I'm not trying to freak out on the outside, I've been sick and uneasy just WATCHING so many going through it. People who haven't experienced loss from natural disasters may find it harder to understand.



For sure. I've been keeping as close ab eye as I can on this storm. I'll feel alot better in a couple of days.
Posted by Chad504boy
4 posts
Member since Feb 2005
178790 posts
Posted on 8/29/17 at 3:53 pm to
quote:

Does their homeowners insurance cover anything at all


pure flood damage, nope.
Posted by c on z
Zamunda
Member since Mar 2009
130878 posts
Posted on 8/29/17 at 3:54 pm to
quote:

So what do these people do? Does their homeowners insurance cover anything at all or do they have to take out second loans for repairs?



I don't believe home insurance helps you for any natural disasters.
Posted by TigerFred
Feeding hamsters
Member since Aug 2003
27868 posts
Posted on 8/29/17 at 3:55 pm to
I am one of the biggest anti-insurance people in the world. I have flood insurance insurance.

I live in Katy where areas of town are flooding. My area is ok and should be fine. I will drop my insurance.

I piss away more money fricking off in a weekend than a years worth of flood insurance.
Posted by Chad504boy
4 posts
Member since Feb 2005
178790 posts
Posted on 8/29/17 at 3:55 pm to
quote:


I don't believe home insurance helps you for any natural disasters.



poor verbiage.
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
76149 posts
Posted on 8/29/17 at 3:55 pm to
quote:

So what do these people do? Does their homeowners insurance cover anything at all or do they have to take out second loans for repairs?



fema to the rescue? SBA ?
Posted by tiger91
In my own little world
Member since Nov 2005
40226 posts
Posted on 8/29/17 at 3:56 pm to
I wasn't affected last year and I was still watching this super close.

FYI Hobby is now accessible per a Houston news twitter but no word of when operations can/will start back.
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