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Started By
Message
re: Trump wants to end federal flood insurance in flood prone areas
Posted on 10/6/17 at 9:17 am to Toddy
Posted on 10/6/17 at 9:17 am to Toddy
quote:
I'm in agreement with him on this.
I was actually thimkimg about this yesterday. Could I think of one Trump action I supported? I only came up with his SCOTUS nomination (because of qualifications, not views on issues)...now I have two! See, there is room for cross-party agreement!
0
Posted on 10/6/17 at 11:58 am to Phil A Sheo
quote:
Huh???? You most certainly can
Phil, flood zone AE in Slidell, LA. Which private company can you email me a flood quote with right now?
Anybody that thinks privatizing prominent flood zone areas is a solution is simply retarded or naive or a combination thereof. But it is a great political bell to ring because of voters lack of desire to want to subsidize the risk but there is simply no viable option other than to keep making the FEMA program more profitable.
This post was edited on 10/6/17 at 12:00 pm
Posted on 10/6/17 at 12:11 pm to Toddy
quote:
Trump wants to end federal flood insurance in flood prone areas
I agree. People should build in these areas at their own risk.
Posted on 10/6/17 at 12:40 pm to GurleyGirl
quote:
People should build in these areas at their own risk.
areas such as the entire metropolitan of Houston?
Posted on 10/6/17 at 2:15 pm to Chad504boy
quote:
Phil, flood zone AE in Slidell, LA. Which private company can you email me a flood quote with right now?
Well considering the hurricane in the gulf...None at the moment
Clear Gulf.. I got an option, hell one company will insure it without and elevation cert..
quote:
Anybody that thinks privatizing prominent flood zone areas is a solution is simply retarded or naive or a combination thereof
You always gotta get all defensive and start name calling..Act your age for pete's sake..
I never said it was the solution, just a viable option ...
I've written few new construction in AE recently through a private flood carrier. Typically they are built a foot plus above BFE and the private flood market is willing to hedge it's bet on it and be a little cheaper the Feds (has been in the 2-300 range savings)...
Only downside to the private market is if the Co. goes broke then of course the insured could be up a shite creek...
But! after I've explained it to a client I let them decide.
quote:
simply no viable option other than to keep making the FEMA program more profitable.
Well for that to happen major reform has to be implemented b/c Katrina and Sandy sunk them into a giant fricken hole. NFIP was profiting 300+ million a year but with that kind of looming debit crawling out of that hole is a monumental task.
Posted on 10/6/17 at 3:25 pm to NYNolaguy1
quote:
What period of storm do you think should be the cutoff?
100 year? 500 year? 1000 year?
How about looking at a topographical map to see where the low areas are, or examine the types of trees and vegetation that are around; this can be a good indications of flood-prone areas.
Posted on 10/6/17 at 3:39 pm to Toddy
quote:If you had so carefully scrutinized and (at times) criticized the effforts of President Obama then you would be respected and listened to. But unfortunately, no. You were just a shill and a hack.
Toddy
No sale.
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