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re: Homeowner with bankrupt insurance company still waiting for hurricane repair money
Posted on 4/26/24 at 12:14 pm to stout
Posted on 4/26/24 at 12:14 pm to stout
The whole reason you pay insurance is to protect youtself against a disaster.
Then when the disaster comes, the company you paid isn't there to provide you what you paid for.
LIGA was not set up to handle mass claims, and it also has an incentive to delay / nickle and dime people.
But hey, we can send $100 billion to Israel and Ukraine, but we can't seem to be able to help our fellow Americans who did what they were supposed to do and are absolutely getting screwed.
Then when the disaster comes, the company you paid isn't there to provide you what you paid for.
LIGA was not set up to handle mass claims, and it also has an incentive to delay / nickle and dime people.
But hey, we can send $100 billion to Israel and Ukraine, but we can't seem to be able to help our fellow Americans who did what they were supposed to do and are absolutely getting screwed.
Posted on 4/26/24 at 12:56 pm to LSUFanHouston
Giving money to other countries before helping our own is the most frustrating part
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