Wait a cotton pickin´ minute!

Isn´t this what insurance is for? If people spent their money on something else, shouldn´t they have to live with the consequences of their foolishness??

The very last sentence was a real knee slapper.
As if being a republican had something to do with fiscal sanity.
I´ve always enjoyed reading Cashill articles. I did not know he has a funny bone however.

Recently purchased a home on the Jersy Shore. Mortgage company did not require flood insurance. My husband asked why I was getting it. I told him we have water on both sides of us, that´s why. Best decision I ever made as home got flooded.

That said, there are many who are insured who still can´t get reimbursed through FEMA insurance program. We shouldn´t pay for roller coaster but we should be reimbursing those who paid for coverage.

FEMA has no business issuing any type of insurance policy. They derive their money from taxpayers so when policy holders file claims, it is taxpayers picking up the tab, not FEMA. If the private sector refuses to issue someone a policy because of their proximity to water then don`t build, or buy there.

More Nanny state. Seems noone is responsible for anything in their lives now cause the government will pay their irresponsibility. And of course that means you and I who have taken responsibility for our actions have to pay for those who haven´t.

People who buy federal flood insurance are being responsible. They pay premiums like for any insurance, but since private insurance companies do not issue flood insurance the government does. That´s why this bill had to pass the House so that the insurance coverage $ owed those who had paid th premiums could get paid. If th homeowners had not bought the only flood insurance available for them to purchase they would not have been responsible. Don´t remember reading thes gripes when those flooded by midwest rivers collect on their claims.

If properly managed, Insurance companies make profits, don´t they?
FEMA takes in premiums and now they have claims.
I purchased Flood Insurance on every home I ever owned. One small claim, a City sewer backed up..(ANY water that enters the home from outside) is not covered by Homeowner´s Insurance. So check your own policy.
Would any other insurance company get away with delaying legitimate claims for 66 days?

7, the claims couldn´t be paid until the HOUSE authorized the spending of the money. That´s the whole point.

If an area is so risky an insurance company won´t even write a policy, maybe it´s time to think twice about living there. Unclear to me why I (as a taxpayer) should underwtite the serial rebuilding of homes in Malibu that regulary burn down or slide off the side of the hill!

Even though he was not serious, I would just as soon pay for a roller coaster than a mouse or flycatcher in CA.