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   alt.disasters      Mother nature is on the rag again      562 messages   

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   Message 540 of 562   
   John Doe to 186282@ud0s4.net   
   Re: "Storm Insurance" - Often NOT - Comp   
   14 Oct 24 14:34:08   
   
   XPost: talk.politics.misc, soc.culture.usa, alt.politics.usa   
   XPost: alt.fan.rush-limbaugh   
   From: NoOne@private.corp   
      
   On 10/14/2024 12:57 AM, 186282@ud0s4.net wrote:   
   > Ya know all the big text at the beginning of yer policy ?   
   >   
   > What about all the SMALL ultra-legalese crap at the   
   > bottom of yer policy ?   
   >   
   > Vast numbers of people are discovering that small print   
   > is nothing but endless excuses to NOT pay out. Windowsills   
   > the wrong color or something - NO PAY. Dog has the wrong   
   > name - NO PAY. House had a roof - NO PAY.   
   >   
   > In short they TAKE yer vast quantities of money but,   
   > when the time comes, NO PAY.   
   >   
   > Only so many lawyers expert in dealing with this   
   > bullshit too.   
   >   
   > NOW we're talking VAST VAST numbers of people in   
   > the shit.   
   >   
   > . . .   
   >   
   >    NewsNation had some poor bastard on - finally   
   >    connected him direct to Sen (former Fla gov)   
   >    Rick Scott.   
   >   
   >    This crap CANNOT STAND. It's outright THEFT.   
   >   
   >    Ok ... the feeble flip side ... the economic   
   >    model for 'insurance' took full shape during   
   >    the relatively wealthy 50s/60s. The USA and   
   >    economy were strong and expanding. New/more   
   >    customers cushioned insurance pay-outs. This   
   >    isn't really so much the case anymore - and   
   >    the sheer SIZE of areas affected by disasters   
   >    means NO corp can pay out quickly AND stay   
   >    in business.   
   >   
   >    The upshot is that you may PAY - but that's   
   >    just an on-paper thing. Pretty fair chance   
   >    you will NOT get a pay-OUT when the roof   
   >    caves in. It's all a lie.   
   >   
   >    Clearly something HAS to be done - and in the   
   >    current economy private insurers cannot really   
   >    be of much use for natural disasters.   
   >   
   >    SO ... hate to say it ... but we need something   
   >    like "FEMA+" ... the govt has to be the primary   
   >    disaster insurer and you use private insurers   
   >    for the little stuff. No exceptions, no BS.   
   >    House blows over flat - they pay for a new one.   
   >    Yes, govt kinda sucks at the details, but it's the   
   >    only entity with enough cash to cope these days.   
   >   
   >    What happens when even the govt can't come up   
   >    with the cash ... well ... that's not gonna   
   >    be a very attractive time for anyone.   
   >   
   >    There's yet another storm now headed west.   
   >    Might go straight into Florida or hit the   
   >    Keys and then into the Gulf - destination   
   >    as yet unknown. The intensity projections   
   >    (always iffy) are trending upwards. So, we   
   >    may have still another cat2+ hit this year.   
   >   
   >    ONE possible FEMA+ reg ... to NOT insure   
   >    structures x-feet from the OCEAN. This is   
   >    of especial interest on the Gulf coast   
   >    where storm-surge is a super-big thing.   
   >    Build near the beach and you're on your own.   
   >    MAYBE they'll buy you a new house - much   
   >    FURTHER from the beach. A nice gap full   
   >    of all-nature beach might be a good thing.   
      
   I think a lot of these changes make good sense. What I don't agree with   
   is Trump's Project 2025 plan to gut FEMA.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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