[StBernard] Krunch Time For Katrina Claims Against Insurers

[Westley Annis]

Westley,

I think homeowners insurance does count with the LRA.  LRA told me they 
deducted wind and flood insurance from anything I might get, I didn't get 
anything from them.  They do ask for this information on the application, 
also.  I am appealing of course because of the low value LRA gave to my 
home. At my parents closing, LRA made them sign several contracts, one of 
them saying that they agree to repay LRA any insurance money they may 
recieve in the furture from any insurance on their house.  They did not say 
only wind and not flood.

Laurie



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

>Karen,

>

>To the best of my knowledge, homeowners insurance does not count against 

>LRA

>monies.

>

>Westley

>

>-----Original Message-----

>Isn't it true that if you should receive additional insurance money (from

>homeowners) that you will have to pay back the LRA that portion (for those

>who have already received LRA money)?

>

>Then what is the sense of pursuing a claim against the insurance company if

>it just goes to LRA?

>

>Karen