Quote:
Originally Posted by adam
If nobody will sell you house insurance for a property, you are basically agreeing to all associated risks with owning that property. Or do people think that other tax payers should be on the hook?
|
It is not that they will not sell you insurance, they will not sell you flood insurance. You can get full insurance on everything else for a flood prone house; just don’t claim anything for flooding.
One person interviewed on TV as he ripped out carpets from his basement stated it was his 6th time being flooded out. Duh! What part of you don’t finish the pool do you not get! Why should the city pay because he is to stupid to figure out that you do not finish a flood prone basement or he needs to spend more money on flood proofing his basement before finishing it?