[StBernard] LRA buyout (LAND ONLY)

[Westley Annis]

I thought they deduct both too!

Randy



>-----------------------------------------------------

>Laurie,

>

>Wind and flood are two separate policies (you do buy two separate 

>premiums).

>The LRA, as a federally funded program, is only interested in what you

>received from flood insurance, which is also a federally funded program.

>The reason for this is to comply with the Stafford Act and keep you from

>receiving double benefits.

>

>Although they ask for the wind proceeds, I don't think it is a requirement

>that you give it to them.  They probably ask for statistical reasons.

>

>Westley

>