What are your thoughts on subsidized flood insurance and tax payers making up the difference?

Discussion in 'The Duck Hunters Forum' started by Lip Shooter, Oct 11, 2018.

  1. Lip Shooter

    Lip Shooter Elite Refuge Member

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    Just wondering what the fudge brain trust think of this, as most are conservatives on this site.

    I do not like it at all.
     
  2. MiteyF

    MiteyF New Member

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    If you move to "tornado alley" and then expect anyone other than yourself to pay for your single wide that was destroyed by a *gasp* tornado...
     
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  3. buck_master_2001

    buck_master_2001 Elite Refuge Member

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    So the same could be said about the Gulf coast and east coast?
     
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  4. HaydenHunter

    HaydenHunter Elite Refuge Member

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    I live in an area where a forest fire would take my house. I don't expect the taxpayers to pick up the tab for my decision.
     
  5. MiteyF

    MiteyF New Member

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    Yes. Just like us here in the PNW. We live in the "ring of fire", earthquakes, while rare, happen. We know that. We take that risk. And we don't expect others to bail us out when (not if) it happens. The house I grew up in is on a 50 foot bluff above Puget Sound. Sooner or later, maybe 10 years, maybe 100 years, the house will end up in the water. It doesn't take a rocket scientist to figure that out. The risk, to us, is worth living in such a beautiful place.

    You take a risk wherever you live. The risks are calculated, but mother nature always has the final say. When you're somplace like the gulf coast that gets hurricanes EVERY YEAR, maybe that risk wasn't calculated as well as it should have been.

    Let's not get started on the folks who die after refusing to cooperate with a MANDATORY evacuation.
     
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  6. Steelshot Scott

    Steelshot Scott Senior Refuge Member

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    If you choose to live on the water, or in a flood plain, it is a risk you took upon yourself. When I hit the lottery, I intend to live waterfront. I also intend to use my winnings to pay for my own insurance.
     
  7. TheDuckSlayer

    TheDuckSlayer Elite Refuge Member

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    Guess I’ll go against the grain here and say that specifically speaking of the Gulf Coast, I believe subsidized flood insurance is a good thing. Why? Hurricanes Ivan (2004) and Katrina (2005) made flood insurance virtually unaffordable for most the residents here, many of whom had calculated the risks prior to moving here decades ago, but found themselves unable to suddenly make insurance payments when their premiums more than quadrupled within a year.
     
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  8. Lip Shooter

    Lip Shooter Elite Refuge Member

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    So if a person can not afford the risk the government should pick up the difference. Gotcha.
     
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  9. TheDuckSlayer

    TheDuckSlayer Elite Refuge Member

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    In certain situations, like the one I explained in my post.

    Not really much different than giving people massive tax refunds for having kids, is it? I mean if people can’t afford to have kids, then they shouldn’t have them, right?
     
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  10. Lip Shooter

    Lip Shooter Elite Refuge Member

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    1000% agree with you on the kids thing, but not on subsidized housing.
     
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