• Welcome!
    |
    ||
    Logout|My Dashboard

High cost for flood insurance would hurt the Gulf Coast - The Galveston County Daily News : Letters To Editor

October 31, 2014

High cost for flood insurance would hurt the Gulf Coast

Rules of Conduct

  • 1 Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
  • 2 Don't Threaten or Abuse. Threats of harming another person will not be tolerated. AND PLEASE TURN OFF CAPS LOCK.
  • 3 Be Truthful. Don't knowingly lie about anyone or anything.
  • 4 Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
  • 5 Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
  • 6 Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

Welcome to the discussion.

5 comments:

    You must be a subscribed user to comment on this story.

  • Bigjim posted at 6:47 pm on Wed, Mar 12, 2014.

    Bigjim Posts: 472

    With a dike, rates would be a lot lower. It will cost us no matter what we do. I would rather not have to redo house from flooding after a storm. Insurance increases would slow or have a negative impact on industrial and population growth.
    The dike plan would help promote growth.

     
  • Matt Coulson posted at 5:47 pm on Wed, Mar 12, 2014.

    Matt Coulson Posts: 125

    So if we build the dyke they will let us drop our insurance? Not.

     
  • Bigjim posted at 11:36 am on Wed, Mar 12, 2014.

    Bigjim Posts: 472

    The way I see it we have two paths we can take. The first one is keep on with flood insurance. The second is to built something like the Ike dike.
    If we go the flood insurance path, cost will increase and we will pay forever.
    If we go with protection route we can pay for it until it is paid off, like Texas City dike

     
  • Jake Buckner posted at 10:33 am on Wed, Mar 12, 2014.

    Jake Buckner Posts: 1687

    Many people like Carol are waking up to the impending disaster that is Biggert-Waters. I'm not sure about the CEOs' bonuses part, but it's hard to disagree with most of what Carol says.

    It's not just the refineries whose workers will be affected, by the way. It's also the maritime shipping industry that transports not only petrochemical products, but also direct consumer goods. It's also the commercial fishing industry that provides much of the nation's seafood. It's also the tourism mainstays that bring jobs to our area and pleasure to millions of Americans -- hotels, restaurants, theme parks, fishing and hunting guide services, gambling casinos, historic sites, etc. All of these employ workers who for the most part won't be able to afford their homes.

    It doesn't end there. What about the banks, grocery stores, big box stores, auto and boat dealers and repair shops, gas stations, movie theaters, schools, clinics, hospitals, etc. providing goods and services to the folks who can no longer afford their homes? Some of them will have to pack up too.

    And it's not just Texas. It's pretty much anyplace on the Gulf Coast, Eastern Seaboard, or a major river. Most of these places have woken up. Texas has not.

    The Texas delegation believes adherence to conservative principles is more important than the immediate well-being of their constituents. And coastal voters are dumb enough to elect them anyway! LOL!

     
  • IHOG posted at 10:32 am on Wed, Mar 12, 2014.

    IHOG Posts: 2486

    Of course an increase in flood insurance prices would hurt. Flood insurance is just one thing Gulf Coast residents must deal with. Any increase in food or fuel prices will hurt as much. Higher taxes will have the same effect.

    Carol Bond
    Stop worring. The government will provide housng for coastal industry employees. HUD slums will replace private neighborhoods. Everyone will have public transit to get to work or shop.
    We'll become the good European sheeple progressives want us to be.