Anyone else read the article that states New Orleans is sinking faster that originally thought? Apparently the current diking system isn\’t able to handle this. The recommendation is to not rebuild in some areas.
If the insurers have to go through this type of suit when they deny coverage for flood claims it is yet another argument to no longer write in New Orleans.
I am sick and tired of FIGHTING WIND VS WATER. I am sick of the Insurance Industry profiting from American Homeowners then Denying Coverage by blaming water. Like there were no winds during Katrina?
What blew the roof off the dome? What blew high rise windows out from LA to MS?
This is betrayal to America and on American Land.
Want the Truth? The truth is that there will always be rising flood waters during a hurricane. The Ins. Industry very well knows that. It\’s the reason why they put the calculating exclusions for water damages in the policy. Poeple that live on the water or around the water pay higher premiums but will seldom collect.
Want More Proof?
Add your Annual Homeowners Ins.Premium.
Add your Policy Deductible.
Add your (15% Hurricane Deductible
Add the fact that the Ins will only pay ABOVE THE WATER LINE.
MINUS DEPREACATION (Age of roof)
The Ins still goes to the bank.
The homeowner looses and gets another guarantee, a rate increase.
WHAT ABOUT LOSS OF USE?
SECTION D IN YOUR HOMEOWNERS POLICY?
THEY ARE SUPPOSED TO PAY A MONTHLY MAX AND ANNUAL MAX AMT. TO THE HOMEOWNER AND REMAINDER OF THE LEASE FOR RENTALS…
IF YOUR HOME BECOMES UNINHABITUAL.
SO FAR, I GOT NOTHING….
THEY SAY IT\’S BECAOUSE OF THE WATER.
I SAY, PAY US OR LEAVE THE USA.
WHAT WOULD BE BE LOOSING IF YOU LEFT WHEN YOU DON\’T PAY ANYWAY.
Take the business away from the
Ins. Industry, they don\’t deserve it and let the USA Sell Hurricane Insurance. Including wind and or water damages during a hurricane.
I never heard of FEMA…until Katrina.
Regardless of who did what & when…
FEMA helped us. I appreciate that.
If you opened the dictionary to the word Escapegoat, you would find Michael Browns Picture there. My heart goes out to him.
Can they still blame him for all of the error? He\’s been gone and there are more problems. Never the less, they try to help and they did. I thank them!
Afterall, none of us was prepared for Katrina. We all had enough time to move everything to another state. This was the worst in USA History and no one is to blame. FEMA came up with the flood money.
That\’s 100% more than the Insurance Industry did. Not one FEMA Adjuster blamed the damage on the wind.
How bout that!
This worked for me and I hope some of my fellow independent agents can use this to their client\’s advantage. My client suffered Hurricane Wilma damage to their Florida condo. Wind was excluded, therefore the loss was denied. However, my client had two other homes insured in the mid-west. These policies include coverage for wind. I turned the loss in on the Illinois policy as a loss to personal property at another residence. HO3, HO4, HO6 & HO5 have a limitation I used as a source of coverage. The adjuster resisted at first citing \”described & insured elsewhere\”. We all know this as the Inland Marine exclusion and it\’s use was not appropriate here. It took a while but I finally prevailed and delivered a $4500 check. All the direct writers I\’ve checked have the same or similar wording. A company doesn\’t even have to be writing in Florida to be on the hook for the loss. I know this won\’t help everyone, but it helped me to look at the loss from a different angle. A limitation can be an opportunity if you look at it the right way. In this case, more coverge than I needed was available from an unexpected source. Be happy, serve your clients well and do good things.
The account existed before I joined the agency. Checking the file, I saw the prior agent recommended coverage, but the client declined and signed off on it. I can be somewhat judgementmental, so I try not to spend energy second guessing another agent\’s work or the client\’s position. My energies were better spent on what I could do now. What is possible and best for my client? This positive action has already generated referrals that will be good for my production.
Now, since direct writers have the lion\’s share of the business nationally, I see another opportunity for the Independent Agency System. We can educate the public to turn those losses in properly and get paid. Doing this we would be generate great PR by helping citizens in need and show them the advantages of having an agent vs company employee (AKA captive agent). You can bet State Farm or American Family won\’t be running to start this conversation with the American Public. All those claim payments, however minor, would add up to a vast sum and drive direct writer rates up. My question is who come out the gate 1st and use this opportunity? Will anyone?
LL,
Man of the Year!
Sorry for using caps. Lost my glasses.
I am not foaming at the mouth and I don\’t need someone like you to \”go out of your way\” to be ugly to me.
I don\’t need you and I don\’t need charity or sympathy from anyone and I bet my Ovaries are larger than your testicles!
I use my real name, you hide behind LL.
Understand that I lost everything in LA and MS. Still paying Bank Notes and Ins for homes that I can\’t live in.
Lost All Clothing, Antiques and collectibles. My car,Mercedes Benz SLK, had 5 payments left, under water 3 weeks.
I have been looted about 5 times, Robbed and Ripped off by the Banks and Insurance Companies, RV Dealership, still dealing with contractors and workers that lie, cheat & steal not to omit overcharging.
Prior to Katrina, I have been stalked by a man for 5 years and now he is back. He just looted all of the lumber that the church salvaged. This will be police report number 13. How much more can one person tolerate before they snap?
I own an Insurance Agency and I can\’t work right now. Paying rent, advertising, phones and not selling because my plate is overloaded.
So Please, Excuse Me, but we are in survival mode, in a State of Emergency.
Whatever you do…Comes back to you!
Email when you get yours.
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Anyone else read the article that states New Orleans is sinking faster that originally thought? Apparently the current diking system isn\’t able to handle this. The recommendation is to not rebuild in some areas.
If the insurers have to go through this type of suit when they deny coverage for flood claims it is yet another argument to no longer write in New Orleans.
I am sick and tired of FIGHTING WIND VS WATER. I am sick of the Insurance Industry profiting from American Homeowners then Denying Coverage by blaming water. Like there were no winds during Katrina?
What blew the roof off the dome? What blew high rise windows out from LA to MS?
This is betrayal to America and on American Land.
Want the Truth? The truth is that there will always be rising flood waters during a hurricane. The Ins. Industry very well knows that. It\’s the reason why they put the calculating exclusions for water damages in the policy. Poeple that live on the water or around the water pay higher premiums but will seldom collect.
Want More Proof?
Add your Annual Homeowners Ins.Premium.
Add your Policy Deductible.
Add your (15% Hurricane Deductible
Add the fact that the Ins will only pay ABOVE THE WATER LINE.
MINUS DEPREACATION (Age of roof)
The Ins still goes to the bank.
The homeowner looses and gets another guarantee, a rate increase.
WHAT ABOUT LOSS OF USE?
SECTION D IN YOUR HOMEOWNERS POLICY?
THEY ARE SUPPOSED TO PAY A MONTHLY MAX AND ANNUAL MAX AMT. TO THE HOMEOWNER AND REMAINDER OF THE LEASE FOR RENTALS…
IF YOUR HOME BECOMES UNINHABITUAL.
SO FAR, I GOT NOTHING….
THEY SAY IT\’S BECAOUSE OF THE WATER.
I SAY, PAY US OR LEAVE THE USA.
WHAT WOULD BE BE LOOSING IF YOU LEFT WHEN YOU DON\’T PAY ANYWAY.
Take the business away from the
Ins. Industry, they don\’t deserve it and let the USA Sell Hurricane Insurance. Including wind and or water damages during a hurricane.
FEMA? yeah, they did such a great job after Katrina I\’m sure they\’d be a stellar insurer.
I\’m from the givernment and I\’m here to help.
I never heard of FEMA…until Katrina.
Regardless of who did what & when…
FEMA helped us. I appreciate that.
If you opened the dictionary to the word Escapegoat, you would find Michael Browns Picture there. My heart goes out to him.
Can they still blame him for all of the error? He\’s been gone and there are more problems. Never the less, they try to help and they did. I thank them!
Afterall, none of us was prepared for Katrina. We all had enough time to move everything to another state. This was the worst in USA History and no one is to blame. FEMA came up with the flood money.
That\’s 100% more than the Insurance Industry did. Not one FEMA Adjuster blamed the damage on the wind.
How bout that!
LL-
If you feel smug by your reply, don\’t.
Perhaps, instead of a short, arrogant and dismissive reply, you could help clarify why for you feel \’Kim\’ is being \’irrational\’.
She, and many others like her, need meaningful and helpful dialog, not empty, mocking, rhetoric.
So..care to help LL?
Irene, why would you let your FL clients go without a wind policy?
This worked for me and I hope some of my fellow independent agents can use this to their client\’s advantage. My client suffered Hurricane Wilma damage to their Florida condo. Wind was excluded, therefore the loss was denied. However, my client had two other homes insured in the mid-west. These policies include coverage for wind. I turned the loss in on the Illinois policy as a loss to personal property at another residence. HO3, HO4, HO6 & HO5 have a limitation I used as a source of coverage. The adjuster resisted at first citing \”described & insured elsewhere\”. We all know this as the Inland Marine exclusion and it\’s use was not appropriate here. It took a while but I finally prevailed and delivered a $4500 check. All the direct writers I\’ve checked have the same or similar wording. A company doesn\’t even have to be writing in Florida to be on the hook for the loss. I know this won\’t help everyone, but it helped me to look at the loss from a different angle. A limitation can be an opportunity if you look at it the right way. In this case, more coverge than I needed was available from an unexpected source. Be happy, serve your clients well and do good things.
The account existed before I joined the agency. Checking the file, I saw the prior agent recommended coverage, but the client declined and signed off on it. I can be somewhat judgementmental, so I try not to spend energy second guessing another agent\’s work or the client\’s position. My energies were better spent on what I could do now. What is possible and best for my client? This positive action has already generated referrals that will be good for my production.
Now, since direct writers have the lion\’s share of the business nationally, I see another opportunity for the Independent Agency System. We can educate the public to turn those losses in properly and get paid. Doing this we would be generate great PR by helping citizens in need and show them the advantages of having an agent vs company employee (AKA captive agent). You can bet State Farm or American Family won\’t be running to start this conversation with the American Public. All those claim payments, however minor, would add up to a vast sum and drive direct writer rates up. My question is who come out the gate 1st and use this opportunity? Will anyone?
LL,
Man of the Year!
Sorry for using caps. Lost my glasses.
I am not foaming at the mouth and I don\’t need someone like you to \”go out of your way\” to be ugly to me.
I don\’t need you and I don\’t need charity or sympathy from anyone and I bet my Ovaries are larger than your testicles!
I use my real name, you hide behind LL.
Understand that I lost everything in LA and MS. Still paying Bank Notes and Ins for homes that I can\’t live in.
Lost All Clothing, Antiques and collectibles. My car,Mercedes Benz SLK, had 5 payments left, under water 3 weeks.
I have been looted about 5 times, Robbed and Ripped off by the Banks and Insurance Companies, RV Dealership, still dealing with contractors and workers that lie, cheat & steal not to omit overcharging.
Prior to Katrina, I have been stalked by a man for 5 years and now he is back. He just looted all of the lumber that the church salvaged. This will be police report number 13. How much more can one person tolerate before they snap?
I own an Insurance Agency and I can\’t work right now. Paying rent, advertising, phones and not selling because my plate is overloaded.
So Please, Excuse Me, but we are in survival mode, in a State of Emergency.
Whatever you do…Comes back to you!
Email when you get yours.
Kim & Irene-
You and Irene can be confident that you are doing the right thing for others, and yourselves.
LL types, like all bullies, come, and go.