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Posted on 8/8/22 at 5:47 pm to tgrbaitn08
quote:
Katrina was the best thing to happen to NOLA.....prove me wrong
The residents came back
Posted on 8/8/22 at 5:49 pm to CajunCommander
quote:
What does it cost to insure a camp down there these days?
Depends on where the camp/house is located, what side of the Island, what side of LA 1 and the elevation.
Posted on 8/8/22 at 5:50 pm to keakar
quote:
when the price of insurance cost 20% of the cost of total out of pocket replacement, its simple math to determine insurance isnt worth it at those prices. if they make it 5 years without serious damage, they saved enough to completely rebuild it new again when and if it ever gets destroyed or damaged
We’re in Louisiana.
A. They/We will get another storm in the next five years
B. Anyone really thinks that they’re saving the money they’re not paying into insurance? People are getting raises and the city is buying new equipment
This post was edited on 8/8/22 at 5:52 pm
Posted on 8/8/22 at 5:51 pm to LSUengr
quote:
Friend was paying $12k a year on a $220,000 property. Minimal Ida damage, but company just dropped them. Citizens wanted $18k per year. They are going to self insure.
Dude, lots are going for $220k...he must have a trailer that is not raised......he could pay $18k and raise his trailer and get insured for way less than that
Posted on 8/8/22 at 5:55 pm to goinallout
It just might be time to consider just giving up on Grand Isle ! How many more millions of $ can be basically wasted ? What does the Parish pay for all the services ? What does the State pay for hurricane damage after each storm ? What does FEMA pay after each storm ? And for WHAT....basically a fishing village with a few hundred permanent residents, it's time risk-management assessment = cut your losses !!
Posted on 8/8/22 at 5:59 pm to tickfawtiger
quote:
It just might be time to consider just giving up on Grand Isle ! How many more millions of $ can be basically wasted ? What does the Parish pay for all the services ? What does the State pay for hurricane damage after each storm ? What does FEMA pay after each storm ? And for WHAT....basically a fishing village with a few hundred permanent residents, it's time risk-management assessment = cut your losses !!
Grand Isle is a cash cow for Jefferson Parish and the State of Louisiana....not to mention the cash cow that is Elmers Island and Port Fourchon for the City of of New Orleans.....
Posted on 8/8/22 at 6:08 pm to tgrbaitn08
Yea I saw them all there at tarpon rodeo and figured he was involved
Posted on 8/8/22 at 6:11 pm to djangochained
quote:
Yea I saw them all there at tarpon rodeo and figured he was involved
Yep...they did a really good job fixing the place up.....very much of an upgrade
Posted on 8/8/22 at 6:40 pm to tgrbaitn08
They only insure the structure for mobile homes.... not the property. Mobile homes down there are not costing $220k
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