Katrina victims lost case

flcandy

flcandy

Member
Originally Posted by 1journeyman
Then don't get it...
People seem to think Insurance is a "right". It is not. It is a service.
Why in the world should insurance companies pay billions of dollars for claims that were excluded from policies?
As stated flood insurance is something that is not on a regular insurance policy.
I can see that you had major flooding but that happens when you have 25' Storm Surge.
Also It hit FL as a Cat 2 check the winds it grew over the state as we have the nice Everglades and that is nothing but hot water.
You expect the hurricanes coming over the Gulf to Strengthen Exponentially as that is warmer water than the Atlantic.
They knew it was going to strengthen and were warning everyone on the Gulf to watch daily and be ready to leave.
And if I can remember it hit as a Cat. 4.
I know the 5mph may not seem that big of a difference but trust me it is as I have been through a 5.
Also Check the records the worst hurricane on record was in the early 1900's and it hit the keys. They didnt know what the cat was but have stated over and over again that it was bigger than Katrina.
They have also said due to the Oceans being warmer (Global warming) To expect bigger and Stronger storms over the next few seasons.
IMO If you live somewhere in these areas you should leave when something comes anyways.
Also they stated over and over again that the buildings in the area were not built to the standard that FL's houses are and would not stand with a cat 2 hurricane.
SOrry but I still feel that they should have expected it. I knew it was going to be there a week before it hit. And it wasnt moving that fast that is a big factor there.
It hovered over the Gulf for at least 3-4 days and grew in strength. Should have left before it hit. That is enough time to get out.
 
flcandy

flcandy

Member
Originally Posted by renogaw
i don't think its a matter of they should have left or not. you cannot move your houses. and i totally agree, people should have had flood insurance. the problem now is who are they going to sue to get their houses back? they are going to blame the US govt for having bad levees and new lawsuits are going to pop up.
lucas, i would bet the homeowners had pretty darn good lawyers--it is estimated at an $81 billion dollar lawsuit.
It is because all I hear about is how many people died because they stayed in their houses.
What about the Super Typhoon that hit Easter Island that same year? Do you think those people are ok?
Those winds were in excess of 200MPH.
 
luca brasi

luca brasi

Member
Originally Posted by FlCandy
WOW!
Thats not fair.
I can see why they would be mad but you have to think about how many people are filing as well though.
They still havent built the levies like they should as far as I am concerned.
1)-I am sorry for your loss what was the claim for?
2)-It is still my belief that if you have any question you should leave.
3)-And I know its been 2 years but the people in FL affected by this storm still dont have homes or any relief as it has all been sent to New Orleans.
4)-I am sad though I didnt go to MardiGras before the storm.
OK, I'm already deeper into this than I want to be but, I'll try to answer.
1)- That's my homeowners claim($17). Now do the math, 7' of water, wouldn't you expect your HO policy to cover everything above that? Most of my roof was bare...
2)- We moved 40 miles north, fool me once...
3)-When I get some I'll let you know...
4)-Why? It still happens and it's less crowded. (It's still crowded though...)
 
flcandy

flcandy

Member
How can they afford a Attny and not the building? IMO Attnys cost more than they are worth! LOL
(dont mean to offend any)
But they charge by the hour even when they arent talking to you.
 
flcandy

flcandy

Member
Did you have flood insurance? If not your are SOL. Sorry but it is not covered by a HO policy. Read the fine print.
 
luca brasi

luca brasi

Member
Originally Posted by 1journeyman
Then don't get it...
People seem to think Insurance is a "right". It is not. It is a service.
Why in the world should insurance companies pay billions of dollars for claims that were excluded from policies?
My claim for my roof, that saw no flood damage and was windswept no less than 50% bare,
$17. It WAS covered, no pun intended...
 
luca brasi

luca brasi

Member
Originally Posted by FlCandy
Did you have flood insurance? If not your are SOL. Sorry but it is not covered by a HO policy. Read the fine print.
yes and that's a diff story
 
luca brasi

luca brasi

Member
Just to keep the despair level down, and because I think it's hilarious, for those suggesting a move out of hurricane territory, where should we have moved to?
http://i110.photobucket.co EDIT INAPROPRIATE LANGUAGE ON PIC!
 
trippkid

trippkid

Active Member
Originally Posted by seasalt101
this is why insurance is nothing more than extortion you legally have to carry it to be jerked around when it is there turn to payback what you have been paying into for years and why is the insurance companies so profitable the government makes you carry it unless it is your own health go figure...tobin
Agree, 1000% on that friend(may I call you that). Insurance is about helping people right, not making huge profits(and that goes for Home,Life,Car, Health), it sickens me to even think about it. First, I think it should have been a live at your own risk, and no insurance offered, like it is in some our flood prone areas. Second, if they paid for it(which I'm sure was a pretty penny), they should get something back, and not just premiums paid, which is what usually happens when they don't hold up their end of the contract. I can't say much, I don't have to go through it and hopefull never will(I live on the side of a mountain), maybe if the 40 day 40 night flood comes again.
I do think that the whole insurance industry is legalized robbery, and before I get criticized for my attitude, I don't know how to fix, but one good place to start is reducing profits(they should be 100%non-profit), and capping some of the "Heads" salary. I'm sorry, but no one on the planet is worth what some are being paid, that is not just for the insurance heads, that goes for everyone.
Matt
 
rbaldino

rbaldino

Active Member
Originally Posted by Luca Brasi
Just to keep the despair level down, and because I think it's hilarious, for those suggesting a move out of hurricane territory, where should we have moved to?
http://i110.photobucket.co
Having lived in earthquake and volcano country, "desert and stuff" doesn't sound too bad.
 
luca brasi

luca brasi

Member
Originally Posted by rbaldino
Having lived in earthquake and volcano country, "desert and stuff" doesn't sound too bad.
LOL
 
nigerbang

nigerbang

Active Member
If you look at the most damage caused by the actual storm..It was in Alabama....Most of the damage in NO was from the levees failing at Lake Pontratrain...If you are ANYWERE near Sea Level, it seems to be a no-brainer to buy flood insurance....Not to step on any toes and not trying to be rude..
 
1journeyman

1journeyman

Active Member
Originally Posted by seasalt101
this is why insurance is nothing more than extortion you legally have to carry it to be jerked around when it is there turn to payback what you have been paying into for years and why is the insurance companies so profitable the government makes you carry it unless it is your own health go figure...tobin
Wait... Tobin we live in the same State. What insurance does the government require you to carry?
Auto Liability is required if you drive to protect other drivers. That's all I can think of.
 
1journeyman

1journeyman

Active Member
Originally Posted by trippkid
... but one good place to start is reducing profits(they should be 100%non-profit), and capping some of the "Heads" salary. I'm sorry, but no one on the planet is worth what some are being paid, that is not just for the insurance heads, that goes for everyone.
Matt
And welcome to socialism...
 
flcandy

flcandy

Member
Originally Posted by Luca Brasi
Just to keep the despair level down, and because I think it's hilarious, for those suggesting a move out of hurricane territory, where should we have moved to?
http://i110.photobucket.co EDIT INAPROPRIATE LANGUAGE ON PIC! I never said move out. I said evacuate, and if you dont want to deal with the consequences of these kinds of storms then dont live there. Know that insurance companies are just there for the name. They never pay out what you are insured for. (Even in car insurance unless you get an attorney involved) And just be ready for the worst. Sorry but thats life. It sux but weather can turn in an instant. What about tornado alley. [img]https://forums.saltwaterfish.com/data/smilies/shrug.gif[/img]
 
luca brasi

luca brasi

Member
Originally Posted by FlCandy
I never said move out. I said evacuate, and if you dont want to deal with the consequences of these kinds of storms then dont live there. Know that insurance companies are just there for the name. They never pay out what you are insured for. (Even in car insurance unless you get an attorney involved)
And just be ready for the worst.
Sorry but thats life. It sux but weather can turn in an instant. What about tornado alley.

We did evac. People who stayed were poor or crazy!
 
luca brasi

luca brasi

Member
Originally Posted by FlCandy
But do you get what I mean about the consequences with living in these areas?
Oh sure. But there are consequences almost everywhere...
 
seasalt101

seasalt101

Active Member
Originally Posted by 1journeyman
Wait... Tobin we live in the same State. What insurance does the government require you to carry?
Auto Liability is required if you drive to protect other drivers. That's all I can think of.
i'm talking about homeowners insurance when you carry a

[hr]
...tobin
 
You must log in or register to reply here.
Top