Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: sandintoes who wrote (755913)	12/10/2006 1:07:47 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769670

"All of Florida is screaming at Insurance companies, their answer was to all leave the state without paying a penny. They sucked it in pretty good, but when it came time to pay out, they abandoned everyone." I've heard some of that. Believe the same sort of stuff is being contested in Mississippi. An example is the leading role in the lawsuits against insurance cos. that Senator Lott has been playing.

To: sandintoes who wrote (755913)	12/11/2006 5:49:46 AM
From: JDN	Read Replies (1) \| Respond to of 769670

YEP, I have read your last few posts and agree wholeheartedly. 1st--Fla went through what about 7 hurricanes in 2 years and we took care of our own. 2nd--A few years back we had ANDREW, it was IMHO worse then Katrina, covering a larger land area of total devastation yet we got TENTS for a few months NO CRUISE SHIPS, NO BEING PUT UP IN HOTELS to this day. etc etc 3rd--Re Insurance companies, I got my NEW PREMIUM a week ago. It was more then 50% higher then last year. So, I called them up asking how much I could reduce the premium by INCREASING my hurricane deductible from about $4,500 to over $10,000. the answer was a MEASELY $400 which was about 10% of my total premium. These insurance companies are raping us down here. jdn ps: I have NEVER made a single claim and have lived in fla MOST of my 63 years. Been through MANY hurricanes. jdn