The “box” that insurance companies are in is the one that won’t allow this type of thing to get past insurance departments. It’s not politically correct to actually charge appropriate rates for the exposure, especially in Florida. Therefore, insurance companies run away. Plain business logic. Sorry that offends your sense of justice.
and no flood insurance? What do you call that? I wonder how other USAA property clients feel knowing their insurance dollars will go in part to these deadbeats who got treated like they purchased and paid for flood coverage, but didn’t. Will this result in all of us now being covered for flood, and then all of us subsequently having to pay for flood? How about earthquake? I need that and pay for that, but maybe I should cancel the earthquake and then sue my carrier when my home is destroyed by earthquake. Then we can all be covered, and pay for too, earthquake.
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The “box” that insurance companies are in is the one that won’t allow this type of thing to get past insurance departments. It’s not politically correct to actually charge appropriate rates for the exposure, especially in Florida. Therefore, insurance companies run away. Plain business logic. Sorry that offends your sense of justice.
and no flood insurance? What do you call that? I wonder how other USAA property clients feel knowing their insurance dollars will go in part to these deadbeats who got treated like they purchased and paid for flood coverage, but didn’t. Will this result in all of us now being covered for flood, and then all of us subsequently having to pay for flood? How about earthquake? I need that and pay for that, but maybe I should cancel the earthquake and then sue my carrier when my home is destroyed by earthquake. Then we can all be covered, and pay for too, earthquake.