Voted.
Let me give you some insights into government mandated insurance programs. Using FEMA as an example, I live in the desert and there have been 100 year and 500 year flood events in the area. Anyone with a basic knowledge of reading topographical maps can see that my property is elevated compared to properties over a mile away, that also have not flooded. However, even though there has never been an insurance claim on the property, and even though FEMA states that I may or may not live on a flood plain, FEMA mandates I purchase homeowner's flood insurance through a private insurance carrier.
But to be fair, all insurance carriers are bound to abide by the same criteria and therefore will charge the same premium, in theory. I also have a flood certificate, based upon a survey conducted by a civil engineering company, that my home is NOT located on a flood plain.
But, FEMA mandates I purchase flood insurance for my home because I may or may not live on a flood plain.
Now to the level playing field that insurance companies charge the same premiums. One company, Allstate, stated that if the flood certificate was applied for insurance coverage, my premium would cost more. Without using the flood certificate my premium would be reduced to over $1000/year. Another provider quoted a premium in excess of $1850/year. These are older quotes and their premiums have increased since then.
I finally located an insurance provider who charges less than $400/year and they talk to you like a human being.
The kicker to all of this, seems like FEMA found some additional flood plains in the desert around Katrina time.
I've sat down and had genuine talks with local insurance providers and hundreds and hundreds of other home owners are experiencing the same issues as me.
Mandating gun owner's insurance and we'll experience worse case scenarios than the currently abused (corrupt?) flood insurance programs. If you think FEMA is a nightmare, it's only a prelude to what we all will experience with a mandated gun owner's insurance program.
