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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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