Those not eligible for the NFIP means they are not in a 100 year flood plain.
Definition of flood plain is another flaw in the NFIP program. It only contemplates flooding resulting from falling water, it does not consider flooding resulting from storm surge. So it is possible to be outside any defined flood zone and still be hit by storm surge.
I have a client who is 3 ft. above sea level in Ft. Lauderdale, but is not in a defined flood plain. They are .6 miles from the beach, meaning any surge will get them for sure, but, even after Katrina, they won\’t buy coverage because they are not in a defined flood plain.
I proposed it two years in a row and they didn\’t take it. Their P & C is with a direct writer whose underwriter/salesman told them you don\’t get storm surge where the coast is straight, only where it\’s curved, like in the Big Bend section of the Fl. Panhandle. The moron.
When people have no reasoning capabilities and blindly support something, it is sad. I directly repsonded to two of the dummies and b/c I did not put in my response, THIS IS IN DIRECT RESPONSE TO \”YOU FILL IN THE BLANK\” They attempt to say I did not answer. When the truth hits them in the face, they cannot accept it. Remember, the courts have stated State Farm willfully and intentionally withheld payments to their insureds. That is why punitive damages were allowed. Jewel, Temblor and David, you and not only wrong, but stupid. You are losers, the court says you lost. It is just a shame the people of Mississippi were so wrongfully treated.
shake,shake,shake……Will adjusterjoe keep giving us the same answer time and time again without actually answering the question. Yes……did he actually investigate, estimate or do anything with a State Farm or Nationwide claim…..no…..Does he think he possess more knowledge than those actually operating the largest insurance carrier in America……yes…..does he actually possess more knowledge…..no…..the idea that he sits around everyday writing responses when he actually should be working….(makes you wonder)……priceless……
shake, shake, shake….will joe again show his anger and call us all a bunch of idiots, dumba$$\’ and other possible names….very likely….because for some reason he feels very inadequate and knows his position is one of the minority (1%)…
Your heros lost in court. They have been proven to be arbitrary and capricious in their claims handling. Please stop trying to defend them. Punitive damages have been awarded. State Farm is wrong. It is over. Even State Farm has finally decided to cut heir losses, do what is right, and run. It is sad that the people of Mississippi had to suffer since Aug., 2005. Please stop trying to explain away their improper behavior.
If Lott bought excess flood, that policy would have taken care of the extra >$200000 he needed to rebuild.
Oops, State Farm does not sell excess flood…… He should have gone to an independent agent.
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NFIP limits for homeowners:
Max. avail: 250,000 on building, 100,000 on contents (bldg is replacement cost valuation, contents is depreciated value).
So they collected policy limits on the flood policy.
Excess coverage is available, and it\’s relatively inexpensive.
Sounds like they were underinsured on the flood so trying to make up for it under the homeowners, just like Trent Lott.
Those not eligible for the NFIP means they are not in a 100 year flood plain.
Definition of flood plain is another flaw in the NFIP program. It only contemplates flooding resulting from falling water, it does not consider flooding resulting from storm surge. So it is possible to be outside any defined flood zone and still be hit by storm surge.
I have a client who is 3 ft. above sea level in Ft. Lauderdale, but is not in a defined flood plain. They are .6 miles from the beach, meaning any surge will get them for sure, but, even after Katrina, they won\’t buy coverage because they are not in a defined flood plain.
If I was you I\’d make sure that I had something in writing stating that they have declined flood…they\’ll be first in line for the next class action.
I proposed it two years in a row and they didn\’t take it. Their P & C is with a direct writer whose underwriter/salesman told them you don\’t get storm surge where the coast is straight, only where it\’s curved, like in the Big Bend section of the Fl. Panhandle. The moron.
When people have no reasoning capabilities and blindly support something, it is sad. I directly repsonded to two of the dummies and b/c I did not put in my response, THIS IS IN DIRECT RESPONSE TO \”YOU FILL IN THE BLANK\” They attempt to say I did not answer. When the truth hits them in the face, they cannot accept it. Remember, the courts have stated State Farm willfully and intentionally withheld payments to their insureds. That is why punitive damages were allowed. Jewel, Temblor and David, you and not only wrong, but stupid. You are losers, the court says you lost. It is just a shame the people of Mississippi were so wrongfully treated.
shake,shake,shake……Will adjusterjoe keep giving us the same answer time and time again without actually answering the question. Yes……did he actually investigate, estimate or do anything with a State Farm or Nationwide claim…..no…..Does he think he possess more knowledge than those actually operating the largest insurance carrier in America……yes…..does he actually possess more knowledge…..no…..the idea that he sits around everyday writing responses when he actually should be working….(makes you wonder)……priceless……
shake, shake, shake….will joe again show his anger and call us all a bunch of idiots, dumba$$\’ and other possible names….very likely….because for some reason he feels very inadequate and knows his position is one of the minority (1%)…
Quick finger….sorry…
Your heros lost in court. They have been proven to be arbitrary and capricious in their claims handling. Please stop trying to defend them. Punitive damages have been awarded. State Farm is wrong. It is over. Even State Farm has finally decided to cut heir losses, do what is right, and run. It is sad that the people of Mississippi had to suffer since Aug., 2005. Please stop trying to explain away their improper behavior.
are appealing their loss in Oklahoma. There is a distinct pattern of abuse by State Farm, but you cannot see it as they sign your paycheck.
If Lott bought excess flood, that policy would have taken care of the extra >$200000 he needed to rebuild.
Oops, State Farm does not sell excess flood…… He should have gone to an independent agent.