Flood insurance changes run into resi...

Flood insurance changes run into resistance

There are 6 comments on the The Brainerd Daily Dispatch story from Jul 3, 2013, titled Flood insurance changes run into resistance. In it, The Brainerd Daily Dispatch reports that:

Just a year after Congress imposed significant changes in the government's oft-criticized flood insurance program, howls of protest from homeowners facing higher premiums have coastal lawmakers pressing for delays that would preserve below-cost rates for hundreds of thousands of people in flood-risk areas.

Join the discussion below, or Read more at The Brainerd Daily Dispatch.

Your Ex

United States

#2 Jul 3, 2013
MD Conservative wrote:
Why is this not surprising that the government is screwing over the citizens. FCUK OBAMA!
You're now FOR govt subsidies?
Some "conservative" you are.
Your Ex

United States

#4 Jul 3, 2013
MD Conservative wrote:
<quoted text>
No. I'm not for subsidies. I am against Government gouging citizens. Ridiculous that flood insurance should go from $400/year to $28,000/year. That government is stealing money from people, and through their actions devaluing their homes.
$400 a year to live in a flood zone is ludicrously cheap.$28K is also ridiculously expensive.
It seems a lot like insurance of every other kind. Cheap until you make a claim, then when you need it, they try their damnedest to deny it, then if they do pay, they drop you or quadruple your rates. However, if your a repeat claimer, and not smart enough to move, you should pay through the nose, call it Ignorance Insurance.

The program, which has required $24 billion in (taxpayer) bailouts since being established in 1968, had drawn withering criticism for its below-market insurance rates and the billions of dollars in losses from repeat claims on homes and businesses flooded every few years.
Sheik Yerbouti

Furlong, PA

#5 Jul 3, 2013
If these yuppie morons insist on building houses in hurricane zones let them pay for the insurance themselves without help from the taxpayers!

Since: Mar 09

The Left Coast

#6 Jul 4, 2013
Your Ex wrote:
<quoted text>
You're now FOR govt subsidies?
Some "conservative" you are.
Couldn't the government use a little of the billions they are saving with obamacare and use it for flood protection?
Your Ex

United States

#7 Jul 4, 2013
RustyS wrote:
<quoted text>
Couldn't the government use a little of the billions they are saving with obamacare and use it for flood protection?
How about saving billions more with a simple billboard campaign?
"Re-building in a flood zone, again? You're on your own now, good luck!"

Since: Mar 09

The Left Coast

#8 Jul 4, 2013
Your Ex wrote:
<quoted text>
How about saving billions more with a simple billboard campaign?
"Re-building in a flood zone, again? You're on your own now, good luck!"
I agree. We could use the same ' you're on your own - good luck' sign for obamacare too.

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