Hello, Mr or Mrs agent? You know that beach front home we purchased on the Texas Gulf Coast. Remember how we told you we would just rather not buy those high priced wind & flood policies. Well good news! We changed our mind. We will be right down to your office with cash to put both into effect today. And then their closing words. You can hold my check for a few days can’t you?
Amen!
Another improvement would be if they would direct bill. Then when the renewals get screwed up they could blame someone besides the agents. HAHAHA!
These are probably also the same people who will say (1) I thought the percent deductible applied only to the damage, not to the property value, and (2) the flood exclusion is invalid, all the damage was really caused by a hurricane.
As the storm gets closer insurance rates should go up. When the storm hits a property the actuaries know exactly the probability of a hit.
The insurance companies (if allowed by the government) could charge 100% replacement cost plus are reasonable profit for a rush order under adverse conditions.
We have updated our privacy policy to be more clear and meet the new requirements of the GDPR. By continuing to use our site, you accept our revised Privacy Policy.
Hello, Mr or Mrs agent? You know that beach front home we purchased on the Texas Gulf Coast. Remember how we told you we would just rather not buy those high priced wind & flood policies. Well good news! We changed our mind. We will be right down to your office with cash to put both into effect today. And then their closing words. You can hold my check for a few days can’t you?
TWIA should, like NFIP, impose a 30 day wait before coverage goes into effect. This would solve that problem entirely.
Amen!
Another improvement would be if they would direct bill. Then when the renewals get screwed up they could blame someone besides the agents. HAHAHA!
These are probably also the same people who will say (1) I thought the percent deductible applied only to the damage, not to the property value, and (2) the flood exclusion is invalid, all the damage was really caused by a hurricane.
As the storm gets closer insurance rates should go up. When the storm hits a property the actuaries know exactly the probability of a hit.
The insurance companies (if allowed by the government) could charge 100% replacement cost plus are reasonable profit for a rush order under adverse conditions.