If a person refuses to buy flood in an A,B, or X zone why blame the agent?
A waiver means nothing FEMA pays and if the judge agrees why hire a \”prominant shark\” to fend off the big bad wolfe. Its all about money and fame not justice.
For this coming year
is there
any insured
any insurance broker
any insurance company
????????
that if insured lives anywhere
They need flood insurance
if their property might be harmed
by flood…water driven rain…storm surge ….et al
during this year\’s huricane season
every broker & insurance company should
put their insureds on written notice
that they need flood insurance
also how many insured have read about the issue of flood for storm surge
we all know there will be future legal action on future storms……
Are they in a high risk flood zone or not?
If they are they need flood insurance, especially if there is a loan involved. If they are in a low risk zone they still need coverage, but could have decided not to or God help the agent that told them not to worry. Hopefully the agent had them sign a waiver. But regardless it is the customers right to purchase or reject. Clearly they were aware it was not covered by the homeowners policy, because they indicated that they discussed it with the agent. An agent is not responsible for people being to cheap to purchase flood coverage, there is a big difference between an agent telling someone they are not required to purchase flood coverage, and they do not need flood coverage. obviously everyone needs it, some are given the option of risking the $600 premium for the $300,000 damage that could occur. In any event it is only the lawyers that make out in the end, not the companies, not the agent and certainly not the customer. The attorneys get paid no matter what happens, isn\’t this a great country.
We moved to Waveland 08-05-05 so most of our boxes went out the front of our house. We asked several times if we needed flood insurance and she said no. We also ask four times if we would be covered in the event of a hurriane. Not once was storm surge mentioned.
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If a person refuses to buy flood in an A,B, or X zone why blame the agent?
A waiver means nothing FEMA pays and if the judge agrees why hire a \”prominant shark\” to fend off the big bad wolfe. Its all about money and fame not justice.
For this coming year
is there
any insured
any insurance broker
any insurance company
????????
that if insured lives anywhere
They need flood insurance
if their property might be harmed
by flood…water driven rain…storm surge ….et al
during this year\’s huricane season
every broker & insurance company should
put their insureds on written notice
that they need flood insurance
also how many insured have read about the issue of flood for storm surge
we all know there will be future legal action on future storms……
Are they in a high risk flood zone or not?
If they are they need flood insurance, especially if there is a loan involved. If they are in a low risk zone they still need coverage, but could have decided not to or God help the agent that told them not to worry. Hopefully the agent had them sign a waiver. But regardless it is the customers right to purchase or reject. Clearly they were aware it was not covered by the homeowners policy, because they indicated that they discussed it with the agent. An agent is not responsible for people being to cheap to purchase flood coverage, there is a big difference between an agent telling someone they are not required to purchase flood coverage, and they do not need flood coverage. obviously everyone needs it, some are given the option of risking the $600 premium for the $300,000 damage that could occur. In any event it is only the lawyers that make out in the end, not the companies, not the agent and certainly not the customer. The attorneys get paid no matter what happens, isn\’t this a great country.
We moved to Waveland 08-05-05 so most of our boxes went out the front of our house. We asked several times if we needed flood insurance and she said no. We also ask four times if we would be covered in the event of a hurriane. Not once was storm surge mentioned.