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#1
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Federal Flood insurance.
Heard a guy on TV, (don't remember who it was but it was during NO coverage)
that said everyone should have Federal Flood Insurance, since it can be had for a couple of hundred $. If that is the case, and I am not sure that it is, then everyone would have it, I guess. Any hard Dollar figures for how much it costs for the Federal Flood Insurance? Thanks Sam |
#2
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Saml wrote:
Heard a guy on TV, (don't remember who it was but it was during NO coverage) that said everyone should have Federal Flood Insurance, since it can be had for a couple of hundred $. If that is the case, and I am not sure that it is, then everyone would have it, I guess. Any hard Dollar figures for how much it costs for the Federal Flood Insurance? Thanks Sam Before AMUN the MORON comes along with wrong advice (like he does w/ everything else) know this: the net is full of good advice about flood insurance. http://www.google.com/search?hl=en&q...oogle +Search |
#3
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"Saml" wrote in message news:gMGSe.1596$Zp.892@lakeread04... Heard a guy on TV, (don't remember who it was but it was during NO coverage) that said everyone should have Federal Flood Insurance, since it can be had for a couple of hundred $. If that is the case, and I am not sure that it is, then everyone would have it, I guess. Any hard Dollar figures for how much it costs for the Federal Flood Insurance? Thanks Sam This is Turtle. Flood insurance is determined as to what zone you live in. If you live in a zone that floods everyday they are more and places that never flood the cost less. My house flooed YEARS ago because of stopped up drainage canal and is listed as a long shot to flood. It cost me $250.00 a year for $105K house and $55K Content in a long shot zone. Here is a little secret for you. If the Sewer system in your area gets stopped up and backs up to flood your house. Your home owner insurance will not pay for it. Any water that rises into a house is call flood and you need Flood insuranse for that. Now if a Towlet just hangs up and runs over it is Home owners insurace that covers it. any water that backs up into your house is Flood water to pay and any water that comes down into your house is called Home owner insurance to pay. All the homes in New Orleans that flooded will be called flood insurance and none will be called home owners insurance. TURTLE |
#4
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On Sun, 04 Sep 2005 13:48:01 -0500, TURTLE wrote:
any water that backs up into your house is Flood water to pay and any water that comes down into your house is called Home owner insurance to pay. All the homes in New Orleans that flooded will be called flood insurance and none will be called home owners insurance. You think so? Did the water in N.O. "back up" into the houses, or "come down into" them? Methinks you don't have a clue. -- My newsreader auto-deletes all posts that originate from Google Groups. If you're not on the edge, you're taking up too much space. Linux Registered User #327951 |
#5
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"Dan C" wrote in message news On Sun, 04 Sep 2005 13:48:01 -0500, TURTLE wrote: any water that backs up into your house is Flood water to pay and any water that comes down into your house is called Home owner insurance to pay. All the homes in New Orleans that flooded will be called flood insurance and none will be called home owners insurance. You think so? Did the water in N.O. "back up" into the houses, or "come down into" them? Methinks you don't have a clue. This is Turtle. earth to Dan 0 , when the levey broke , do you think the water flew back up in the ski and then come down into the homes or just backed up into the homes. i do a lot of write ups for FEMA and flood insurance on HVAC and Refrigeration equipment and have to know what the rules are when claiming flood insurance on a hvac system or refrigeration system. Any rising water than gets in your home is called flood insurance. any rain water, storm, winds, or objects that cause damage while hitting the house is covered. and Also fire and trees hitting your house is insurance. So Anything that rises into your house is covered by flood insurance. Anthing that falls in or on your house is Home owners policy. Yes Dan 0 , I have wrote up thousands of claims for flood insurance on hvac systems and a bunch for FEMA on refrigerators, stoves, and appliances. If flood water touches a appliance, you get rid of it. if it does not touch the appliance, you claim to disifect the appliance. Dan-0 , when they go back in N.O. you can get with them and work with FEMA and Flood insurance to wade around in the houses and mud to look at the damage and write the houses up. If you like i can hook you up. Let Me Know. TURTLE |
#6
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Sewage coverage is different from other flooding. You can get coverage for
sewage backup where the neighborhoods sewage ends up in your basement. It is usually an add-on to homeowners for about $35 where I live in NC. "TURTLE" wrote in message .. . "Saml" wrote in message news:gMGSe.1596$Zp.892@lakeread04... Heard a guy on TV, (don't remember who it was but it was during NO coverage) that said everyone should have Federal Flood Insurance, since it can be had for a couple of hundred $. If that is the case, and I am not sure that it is, then everyone would have it, I guess. Any hard Dollar figures for how much it costs for the Federal Flood Insurance? Thanks Sam This is Turtle. Flood insurance is determined as to what zone you live in. If you live in a zone that floods everyday they are more and places that never flood the cost less. My house flooed YEARS ago because of stopped up drainage canal and is listed as a long shot to flood. It cost me $250.00 a year for $105K house and $55K Content in a long shot zone. Here is a little secret for you. If the Sewer system in your area gets stopped up and backs up to flood your house. Your home owner insurance will not pay for it. Any water that rises into a house is call flood and you need Flood insuranse for that. Now if a Towlet just hangs up and runs over it is Home owners insurace that covers it. any water that backs up into your house is Flood water to pay and any water that comes down into your house is called Home owner insurance to pay. All the homes in New Orleans that flooded will be called flood insurance and none will be called home owners insurance. TURTLE |
#7
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"Art" wrote in message
ink.net... Sewage coverage is different from other flooding. You can get coverage for sewage backup where the neighborhoods sewage ends up in your basement. It is usually an add-on to homeowners for about $35 where I live in NC. This is Turtle. It you have flood insurance , You don't need this sewer insurance for flood insurance cover anything coming back into your house. TURTLE |
#8
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TURTLE wrote:
"Art" wrote in message ink.net... Sewage coverage is different from other flooding. You can get coverage for sewage backup where the neighborhoods sewage ends up in your basement. It is usually an add-on to homeowners for about $35 where I live in NC. This is Turtle. It you have flood insurance , You don't need this sewer insurance for flood insurance cover anything coming back into your house. I wouldn't count on that w/o checking. I'd not think flood insurance would cover sewage block or backup non-related to flooding. I haven't "looked it up" and don't have but it doesn't make much sense that it would cover a non-related problem. |
#9
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"Duane Bozarth" wrote in message ... TURTLE wrote: "Art" wrote in message ink.net... Sewage coverage is different from other flooding. You can get coverage for sewage backup where the neighborhoods sewage ends up in your basement. It is usually an add-on to homeowners for about $35 where I live in NC. This is Turtle. It you have flood insurance , You don't need this sewer insurance for flood insurance cover anything coming back into your house. I wouldn't count on that w/o checking. I'd not think flood insurance would cover sewage block or backup non-related to flooding. I haven't "looked it up" and don't have but it doesn't make much sense that it would cover a non-related problem. This is Turtle. Sewer system backing up is Flood insurance Deal. Commode malfuctioning is a home owner plocy job. Sewer line in side the home that stoppes up is homeowners insurance. Rain into a house is Home owners Policy. There is a thin line between them paying or not with todays policys. TURTLE |
#10
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TURTLE wrote:
"Saml" wrote in message news:gMGSe.1596$Zp.892@lakeread04... Heard a guy on TV, (don't remember who it was but it was during NO coverage) that said everyone should have Federal Flood Insurance, since it can be had for a couple of hundred $. If that is the case, and I am not sure that it is, then everyone would have it, I guess. Any hard Dollar figures for how much it costs for the Federal Flood Insurance? Thanks Sam This is Turtle. Flood insurance is determined as to what zone you live in. If you live in a zone that floods everyday they are more and places that never flood the cost less. My house flooed YEARS ago because of stopped up drainage canal and is listed as a long shot to flood. It cost me $250.00 a year for $105K house and $55K Content in a long shot zone. Here is a little secret for you. If the Sewer system in your area gets stopped up and backs up to flood your house. Your home owner insurance will not pay for it. Any water that rises into a house is call flood and you need Flood insuranse for that. Now if a Towlet just hangs up and runs over it is Home owners insurace that covers it. any water that backs up into your house is Flood water to pay and any water that comes down into your house is called Home owner insurance to pay. All the homes in New Orleans that flooded will be called flood insurance and none will be called home owners insurance. TURTLE True. I argued several years back with my insurance company after my basement flooded. They clearly stated they covered water damage. he tried to explain why that meand only leaking water pipes and not backup but it was not in the document like that. He got quite flustered and tried to tell me how it was his job to explain to me why I was not covered. Somehow the fact that it was his job was supposed to make it all true. Insurance is a damn racket. Anyway, FEMA ended up covering us due to local conditions. -- Respectfully, CL Gilbert |
#11
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"CL (dnoyeB) Gilbert" wrote:
TURTLE wrote: "Saml" wrote in message news:gMGSe.1596$Zp.892@lakeread04... Heard a guy on TV, (don't remember who it was but it was during NO coverage) that said everyone should have Federal Flood Insurance, since it can be had for a couple of hundred $. If that is the case, and I am not sure that it is, then everyone would have it, I guess. Any hard Dollar figures for how much it costs for the Federal Flood Insurance? Thanks Sam This is Turtle. Flood insurance is determined as to what zone you live in. If you live in a zone that floods everyday they are more and places that never flood the cost less. My house flooed YEARS ago because of stopped up drainage canal and is listed as a long shot to flood. It cost me $250.00 a year for $105K house and $55K Content in a long shot zone. Here is a little secret for you. If the Sewer system in your area gets stopped up and backs up to flood your house. Your home owner insurance will not pay for it. Any water that rises into a house is call flood and you need Flood insuranse for that. Now if a Towlet just hangs up and runs over it is Home owners insurace that covers it. any water that backs up into your house is Flood water to pay and any water that comes down into your house is called Home owner insurance to pay. All the homes in New Orleans that flooded will be called flood insurance and none will be called home owners insurance. TURTLE True. I argued several years back with my insurance company after my basement flooded. They clearly stated they covered water damage. he tried to explain why that meand only leaking water pipes and not backup but it was not in the document like that. I suspect the actual contract (not a summary document) was probably precise even if not easy to read and clear. That's what they pay the lawyers for and why it is the contract that is covering not some generalized rule. He got quite flustered and tried to tell me how it was his job to explain to me why I was not covered. Somehow the fact that it was his job was supposed to make it all true. Insurance is a damn racket. Not as much a racket as, say, the gaming casinos but they do try to control their risks. As shown in FL the last two years, sometimes they lose, too. Anyway, FEMA ended up covering us due to local conditions. That's good that your losses were covered in the end. I'll simply note for others who may not have been through it that in order for FEMA to be able to help the area must have been declared a disaster area. Until that official request by local/state authorities has been made and the evaluation of the extent and severity is made and the consequent declaration, FEMA can't help. |
#12
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Saml wrote:
Heard a guy on TV, (don't remember who it was but it was during NO coverage) that said everyone should have Federal Flood Insurance, since it can be had for a couple of hundred $. If that is the case, and I am not sure that it is, then everyone would have it, I guess. Any hard Dollar figures for how much it costs for the Federal Flood Insurance? Thanks Sam The cost depends on where you are. I am in a 500 year flood plain, which means I can expect a flood about ever 500 years or so. My home is appraised at about 250,000 + and I pay about $260 per year. I was happy with it until last year. Since the new Homeland Security took over everything they could get their hands on, including the flood insurance, my servicing company (the feds don't do the work themselves, they farm it out (maybe to the highest contributor?) and my servicing company has changed three times. Somewhere along there I have been billed twice and told I don't have insurance, even though I have my canceled check. I have been trying for months to get an answer and no luck. That said, I do believe it is a very wise thing to have. If your rates are too high, then you are not living in a safe area. -- Joseph Meehan Dia duit |
#13
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Joseph Meehan wrote:
The cost depends on where you are. I am in a 500 year flood plain, which means I can expect a flood about ever 500 years or so. My home is appraised at about 250,000 + and I pay about $260 per year. That said, I do believe it is a very wise thing to have. If your rates are too high, then you are not living in a safe area. You suppose the rates for flood ins. will rise now? |
#14
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G Henslee wrote:
Joseph Meehan wrote: The cost depends on where you are. I am in a 500 year flood plain, which means I can expect a flood about ever 500 years or so. My home is appraised at about 250,000 + and I pay about $260 per year. That said, I do believe it is a very wise thing to have. If your rates are too high, then you are not living in a safe area. You suppose the rates for flood ins. will rise now? Very possibly although since it is federally subsidized, I'd not expect massive increases. |
#15
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"Saml" wrote in message news:gMGSe.1596$Zp.892@lakeread04... Heard a guy on TV, (don't remember who it was but it was during NO coverage) that said everyone should have Federal Flood Insurance, since it can be had for a couple of hundred $. If that is the case, and I am not sure that it is, then everyone would have it, I guess. Any hard Dollar figures for how much it costs for the Federal Flood Insurance? Thanks Sam I had flood insurance once. They drew the line down the middle of the street I lived on. My side had to have it and the other side did not. In Arizona in the property seller has to state if the property has Federal Flood insurance. There are no private companies that I know of that write the insurance. There are a lot of private companies that will sell it, with their markup on the policy. I lived in a very low risk area, the insurance for a $75k home and $30k of belongs was $300.00 in 1990. There was a levy 3 miles north of my home that was designed to hold water from a water shed. If it broke then that property would have flooded and so would have most of north Phoenix. In the 30 years I have lived here I have never seen any measurable amount of water for any length of time behind the levy. Now days builders are using the land for $750k and up homes on larger than acre lots. It will catch up to them the next time we have a really wet year(s) like we did in the 70's and early 80's. I would bet before Katrina flood insurance would have cost thousands of dollars per unit of value. Below sea level is not a good indication. That is why very few if any will have flood insurance. Since the political bozos of the country have declared it a disaster area we the tax payers will get to pay a big chunk of the rebuilding just like the last time in 2000. |
#16
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"SQLit" wrote in message ... [snip] I would bet before Katrina flood insurance would have cost thousands of dollars per unit of value. Below sea level is not a good indication. That is why very few if any will have flood insurance. Since the political bozos of the country have declared it a disaster area we the tax payers will get to pay a big chunk of the rebuilding just like the last time in 2000. Further consideration -- flood insurance is a prerequisite in any flood plain area before a mortgage company will loan on a property, either a first or second mortgage. As a result, I expect that almost any property that has a mortage on it in the NO area will also have flood insurance -- |
#17
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Flood insurance is really cheap, however it basically only covers structural
damage. Your belongings. the basement carpeting, etc. are your problem. So if you won't be having a flood vicious enough to cause structural damage, it is not useful. |
#18
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"Toller" wrote in message ... Flood insurance is really cheap, however it basically only covers structural damage. Your belongings. the basement carpeting, etc. are your problem. So if you won't be having a flood vicious enough to cause structural damage, it is not useful. This is Turtle. Earth to Toller , When you buy flood insurance you have a amount for structure and a amount for content. I have $105K for Structure and $55K for content on my policy and cost about $290.00 a year. TURTLE |
#19
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When you buy flood insurance you have a amount for structure and a amount
for content. I have $105K for Structure and $55K for content on my policy and cost about $290.00 a year. Is that including your normal 'homeowners' policy or in addition to it ? |
#20
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Rudy wrote:
When you buy flood insurance you have a amount for structure and a amount for content. I have $105K for Structure and $55K for content on my policy and cost about $290.00 a year. Is that including your normal 'homeowners' policy or in addition to it ? No. What do you care? You need "inferior substrate" insurance. That costs 5K a year. Beat it canuckie boy. -- WARNING: Do NOT under any circumstances take advice from an idiot named AMUN. AMUN is a clueless moron regarding tile, electrical and various other construction issues. As things go AMUN will (thankfully) dissapear as his kind usually does when confronted with their bad advice by those who are knowledgeable in their respective fields. Until then - BEWARE |
#21
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"Rudy" wrote in message news:kktTe.417785$s54.308455@pd7tw2no... When you buy flood insurance you have a amount for structure and a amount for content. I have $105K for Structure and $55K for content on my policy and cost about $290.00 a year. Is that including your normal 'homeowners' policy or in addition to it ? This is Turtle. Fire insurance / Home owners insurance $791.00 yr. . Federal Flood insurance --------------------- $290.00 a yr. . TURTLE |
#22
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"Toller" wrote in message ... Flood insurance is really cheap, however it basically only covers structural damage. Your belongings. the basement carpeting, etc. are your problem. So if you won't be having a flood vicious enough to cause structural damage, it is not useful. From www.floodsmart.gov: "As a homeowner, you can insure your home up to $250,000 and its contents up to $100,000. If you're a renter, you can cover your belongings up to $100,000. As a non-residential property owner, you can insure your building and its contents up to $500,000. " Your basement carpeting, unless you have a walk-out basement, will be your responsibility, however. |
#23
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if a tornado rips off my roof and it rains and floods my house, is it flood
insurance or homeowners that would cover? "Saml" wrote in message news:gMGSe.1596$Zp.892@lakeread04... Heard a guy on TV, (don't remember who it was but it was during NO coverage) that said everyone should have Federal Flood Insurance, since it can be had for a couple of hundred $. If that is the case, and I am not sure that it is, then everyone would have it, I guess. Any hard Dollar figures for how much it costs for the Federal Flood Insurance? Thanks Sam |
#24
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stevie wrote:
if a tornado rips off my roof and it rains and floods my house, is it flood insurance or homeowners that would cover? homeowners...water intrusion via the downward route isn't the definition of flooding--that's groundwater coming up, even if the source of that water was a heavy deluge. |
#25
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"stevie" wrote in message ... if a tornado rips off my roof and it rains and floods my house, is it flood insurance or homeowners that would cover? ***If the Tornado ripped the roof off and Rains in it. that is home Owners insurance. ***flood insurance only covers water backing up into a house and not falling into a house. ***anything coming from the Ski to damage your home. Home Owners insurance will cover it. ***anything coiming from the Ground / River/ Creek/ sewer System / run off water backing up into your house is Flood Insurance. TURTLE |
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