Maybe time to sell since I have seen my alley flood and cars float down the street twice since 2006. Never a drop in the house although a few people on the block had water in basements. One good thing about one’s basement being above street levee;
On Feb 15, 2014, at 8:25 PM, [email protected] <[email protected]> wrote: > I honestly don't know how they are going to administer this, on what areas of > the country first but since we received the email I am assuming they are > going to hit Indiana. I wanted all to know, as a precaution to what you will > face if Louisville has it enacted and as a heads up should you love a > property prone to flooding. > > > On Feb 15, 2014, at 9:15 PM, Dr. James Priest <[email protected]> > wrote: > >> Since lots of areas around louisville flood including old louisville (have >> not seen in the house) will this effect those living in the city. If so it >> could really lower a lot of property values. >> >> James Priest >> Sr. Fire Strategist/Researcher >> >> On Feb 15, 2014, at 9:02 PM, Mark and Katy Heaton <[email protected]> wrote: >> >>> 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 >>> >>> >>> >>> _______________________________________________ >>> MacGroup mailing list >>> [email protected] >>> http://www.math.louisville.edu/mailman/listinfo/macgroup >> >> _______________________________________________ >> MacGroup mailing list >> [email protected] >> http://www.math.louisville.edu/mailman/listinfo/macgroup > > > _______________________________________________ > MacGroup mailing list > [email protected] > http://www.math.louisville.edu/mailman/listinfo/macgroup
_______________________________________________ MacGroup mailing list [email protected] http://www.math.louisville.edu/mailman/listinfo/macgroup
