 pnh102Reptiles Are Cuddly And PrettyPremium
join:2002-05-02
Mount Airy, MD | reply to KrK
Re: Insurance rates will continue skyrocketing nationwide said by KrK:Lord help you if you live on a coast.
It's getting where insurance companies aren't even interested in writing a policy, period. The only problem I see with this is that some do-gooder in the government will decide that we need to expand things like the National Flood Insurance program to "fix this problem."
The only reason I can see for the Federal Government to subsidize development in flood-prone areas is that this is mainly a welfare program for rich people who want to live on the coast but not assume the full costs of rebuilding when disaster strikes. Gotta love that.
If it was up to me, I'd get rid of any government-run insurance program, and instead require that if a property owner cannot get insurance, that they be required to put enough cash in a bank account to cover the costs of demolition and damage to others for when (not if) disaster strikes.
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Romney/Ryan 2012 - Put a couple of mature adults in charge. |
