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Post Info TOPIC: Can you imagine the hit the insurance companies are going to take?


2011 Super Bowl Champions!

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Can you imagine the hit the insurance companies are going to take?


Tornados everywhere, floods everywhere.

I mean, downtown Cedar Rapids is almost a total loss!  Anything on the first floor of any building is shot.  Not to mention structural damage that may have been done.

I have noticed though a LOT of people had no flood insurance and will just be out of luck cry.gif

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Permanent Vacation



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I have no pity for insurance companies.

I do have pity for my rates though.

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2011 Super Bowl Champions!

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My fear is just that some of them will file for bankruptcy and wind up screwing people who thought they were covered.

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Ghost In The Machine

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Yep, we're all gonna pay for this in an increase in our rates.

We don't have flood insurance.  We've never experienced flooding like this even though the Saginaw River runs right through the city.  We're up on pretty high ground though; there are areas on the East side of town that flood every Spring when the snow melts further north and all those tributaries merge into the river. 

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Low in Fiber High in M-SG

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Hey we are still dealing with the hurricane ramifications on insurance here in FL from Andrew back in the 90's!

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Ghost In The Machine

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Heck SG, I'm with State Farm and our rates went way up at that time. They never did come down.

And the price of wood sky-rocketed at that time too, if you could find any.

-- Edited by ghostdancer at 14:15, 2008-06-13

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Low in Fiber High in M-SG

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Andrew bagan it and the year we had 3 more (two years ago) just plain killed us!

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