Quote:
Originally Posted by Hotrodpaul
I am sure the insurance companies are sweating on this one, untold billions of dollars worth of property damage, not to mention the toll on human life. It will be curious to see how much they will raise our homeowners rates after this. After Allison in 2001, my rates tripled. On a positive note, the sun finally came out yesterday, best thing I have seen in a long time.
Paul
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Actually the insurance companies are not responsible for all the property damage done by Harvey. They got out of the Flood Insurance business almost 100 years ago. That is now the domain of the Federal Government.
They will be responsible for all the cars (that have full coverage insurance) that Harvey destroyed.