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Re: Rebuilding in Moore, OK
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Home Guy
May 22, 2013, 7:36:27 AM5/22/13
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rep...@workshop.com wrote:
> They have had 3 major tornados in that town during the past 14 years.
> How many times will they have to rebuild and how many more lives
> must be lost before they come to their senses.
Ask the insurance companies. Or the banks.
If the insurance companies refuse to insure new homes, then they can't
get mortgages.
If the insurance companies adjust the risk appropriately for that
location, then it would be financially foolish to rebuild.
> They have had 3 major tornados in that town during the past 14 years.
> How many times will they have to rebuild and how many more lives
> must be lost before they come to their senses.
Ask the insurance companies. Or the banks.
If the insurance companies refuse to insure new homes, then they can't
get mortgages.
If the insurance companies adjust the risk appropriately for that
location, then it would be financially foolish to rebuild.
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