[StBernard] Flood Insurance buy-in

[Westley Annis]

Patty,

As the bill reads now, in its original form, only those who had home owners
insurance but not flood insurance can buy into the program.  Also, it is
important to remember that it does not allow for coverage of contents, only
the structure can be covered.

Personally, I think the idea of no contents coverage should help passage of
the bill, so I don't want to see it added even though it means I would have
no contents coverage myself.

Realize that I'm looking at getting this bill passed as quickly as possible,
so I don't want to see too many amendments to it. Allowing people to up
their coverage could be detrimental to passage of the bill.

Finally, I know that Wendy has sent us some zipcodes for representatives in
Florida, but they could be a double-edged sword.  This bill currently only
allows victims of Hurricane Katrina to buy into the program.  I believe the
bill was introduced before Rita and was way before Wilma.

You can always go to Library of Congress web site to get a copy of the bill.
http://thomas.loc.gov

Search for HB3922.

Westley

-----Original Message-----

Please clarify a point of disagreement between myself and a friend -  the
buy -in is for those without flood insurance.  However, I contend that it
only for those who were in a location that it was not required.  My friend
contends that it is for anyone AND that underinsured can buy more insurance.
I have a personal stake in this since I have an elderly relative that had no
mortgage and thus no flood insurance.  Can they participate?  And, if  the
bill allows for more insurance to be purchased, I guess we will all be
lining up to buy the maxmum flood limits!!
 
Hope someone can shed some light on this for us.  Thanks, Patty Lotz