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To: Snoopers-868th

How about just making it illegal for a bank to require wind storm insurance on a residential (for homestead) home?

since forcing everyone to have insurance did not work out.


99 posted on 01/18/2007 11:45:07 AM PST by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: longtermmemmory
How about just making it illegal for a bank to require wind storm insurance on a residential (for homestead) home? since forcing everyone to have insurance did not work out.

What, you mean base a home mortgage solely on good credit? Why that wouldn't be fair to the disadvantaged! LOL Home insurance for fire I can see as a requirement and protection of the mortgage but I agree wind and storm should be an option and not a requirement. Neither do I believe the federal government should pay for the damage.

Don't even get me started on car insurance as I think that is the greatest of ripoffs. Penalties for those driving with no insurance not to mention driver license are insignificant. No fault is a farce!

100 posted on 01/18/2007 11:53:58 AM PST by Snoopers-868th
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