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To: BelowTheCrowd who wrote (171319)	9/27/2002 6:01:17 PM
From: Jim McMannis	Respond to of 186894

RE:"I've never understood why people feel the government should provide insurance to cover them for otherwise uninsurable risks related to their own choices. It's true whether you're talking about earthquakes, floods, hurricanes, tornados or any other known natural risks for the area you live in, most of which cannot be easily predicted." VOTES

To: BelowTheCrowd who wrote (171319)	9/27/2002 7:30:28 PM
From: Road Walker	Read Replies (2) \| Respond to of 186894

MG, re: I've never understood why people feel the government should provide insurance to cover them for otherwise uninsurable risks related to their own choices. In the case of Florida, if there were no insurance for the coastal areas, folks would not live there. Since about 80% of the population (WAG) lives within 10 miles of the coast, you would pretty much empty the state, eliminate almost all the tax revenue, turn the state into a agra economy. Some would say that isn't too bad, others would say it's not very progressive. It's true whether you're talking about earthquakes, floods, hurricanes, tornados or any other known natural risks for the area you live in, most of which cannot be easily predicted. "Earthquakes, floods, hurricanes, tornados or any other known natural risks", that covers about the whole country, doesn't it? The "government" problem is that they dictate price, and that influences availability. If the insurance companies are free to charge whatever the risk requires and the market will accept, then the government doesn't have to get into the insurance business. John