Originally posted by Letizia B.: [quote]Originally posted by Don Cardi: [b]...many were NOT insured with flood insurance, but are insured for fire.
I've been hearing this a lot these past few weeks, and it sounds crazy to me. Sorry if this sounds insensitive, but if you live in an area that gets hurricanes every year, doesn't it seem a little foolish not to have flood insurance? I live in Los Angeles, where it rains like 10 inches the whole year, and most everyone I know has flood or water damage insurance. Come on!
If they can't afford any kind of homeowner's insurance, then sure, that's sad. But to be able to get fire insurance, and not have the common sense to also get insured for water damage... I don't know. [/b][/quote]From what I understand the cost of flood insurance is astronomical because of the location of that city. And many could not afford those high premiums for flood insurance.
Don Cardi
Don Cardi
Five - ten years from now, they're gonna wish there was American Cosa Nostra. Five - ten years from now, they're gonna miss John Gotti.
