Forum Discussion
kzspree320
Sep 01, 2017Explorer
Toedtoes - Thank you. I really feel for these people. They do not yet know what is to come. It will probably be harder than most of them yet realize. What we found is, on average, that the older you are the harder it is on you. Those in their 30s and 40s with many working years ahead just borrowed and took out a 2nd mortgage SBA loan and moved on down the road. Those older and retired, many on fixed incomes, that had inadequate flood insurance have had their worlds turned upside down. We met an older gentleman in his 80s at Sherwin Williams. He had lived in the same house over 50 years. He had never come close to flooding and did not have flood insurance. He thought he had enough money to live the rest of his years comfortably and to travel some. The cost to rebuild his house was taking him from very comfortable to I'll never be able to travel or do anything the rest of my life. I left the store upset for him. I realize there are many in the same boat.
Many seem to not understand the term historical flooding. It means it has NEVER happened in recorded history. If it has never happened, how can you assume people should have been able to see it coming in time to react way ahead to time.
Many seem to not understand the term historical flooding. It means it has NEVER happened in recorded history. If it has never happened, how can you assume people should have been able to see it coming in time to react way ahead to time.
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