Thanks as well, good and scarey intell. Mark Heaton
On Sat, Feb 15, 2014 at 4:25 PM, John Robinson <[email protected]>wrote: > Folks, this has NOTHING to do with Apple, but I felt I had to convey this > news to our list, I consider you much more than bits and byes on a computer > screen. > > I am an insurance agent, for 43 years, and we received a note from FEMA > this week that is unbelievable so I wanted you to be aware. Hopefully it > won't affect a one of you, hopefully you will be wiser now if you are > wanting to vacate your present home and purchase another. > > My apologizes for throwing a non Mac email. Below is the note I have sent > to others. > > John > > > > This will most likely not affect you but oh my this needs to be in the > back of your mind. > > FEMA is losing tons of money, so they are making changes. They are NOW > determining that folks who NEVER needed flood insurance will now be > required to carry it. So many homeowners are being surprised that all of a > sudden they are faced with an additional $700.00 or more with these > policies. I have an insured that has one small corner of a barn that sits > in a flood zone, never had water but he is forced to buy the coverage. > > Many folks that aren't near a body of water now discover they are being > forced into coverage. No way out other than paying the cost of an > Elevation Survey and then it may prove FEMA correct. > > That isn't the bad news....... > > This week we received an email (since we write the coverage for FEMA) that > the rates are going to skyrocket, be prepared is what this memo was telling > us. > > They gave some examples, and the changes are mind blowing. They > referenced an account that currently paid in the neighborhood of $700.00 a > year will be receiving bills of over $7,000.00 per year! Not only can the > owner not afford these premiums all of a sudden they have a piece of > property that is unsaleable. > > So, in the future should you be home shopping BE SURE the property in no > way could be slapped with a flood policy, never buy a place where the > surface water has come anywhere near the property in the last 100 > years....it will be worth your while to check. > > Wanted you to be aware of this, it's a big one. > > > _______________________________________________ > MacGroup mailing list > [email protected] > http://www.math.louisville.edu/mailman/listinfo/macgroup > >
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