Why do we have national flood insurance.?
Question:
IT SEEMS FUNNY HUGELY profitable life insurance is not under government regulation .
AUTO insurance is and you have to have it
HOME owners insurance is and you have to have it
un-employment insurance is paid to the state
we spend thousands every year and never question why the government does not handle all insurance .
BUT regulates the insurance industry i live in florida and every year rates climb 5-6 -7 years of huge profits in insurance paid out to stock holders .who are the people getting rich in the market not workers who pay into insurance its the rich money movers in america how to move your money into there pockets and they are getting better every year at it .should we just all hand back our pay checks and see what the government hands out or do we do something to keep the rich from stealing from us everyday.
Answer:
Because, private flood insurance is a scam. Say you buy flood insurance. Then a hurricaine comes through and floods your house. The insurance company will claim your house was damaged by the wind, therefore they will refuse to pay your claim.
I think you have to get flood insurance through a Private Carrier
Because we are all wet.
the crime rate in texas is beside the point. My point is that liberals have more confidence in the ability of a human to change than conservatives do.
I was taught in school that killing somebody is a very very naughty thing. If I kill somebody, I deserve the death penalty. It would keep me from killing more people, and I had my fair warning of what would happen to me if I murdered someone.
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