Reply
 
Thread Tools Search this Thread Display Modes
 
Old 09-18-2013, 08:10 AM   #29
Rivet Master
 
Gene's Avatar
 
2008 25' Safari FB SE
Grand Junction , Colorado
Join Date: Sep 2007
Posts: 10,840
To discourage people from taking risks about where they build, flood insurance is getting more expensive and I think it will be rated according how far someone is into a potential flood zone.

A cabin a few feet from a river is a lot different than the subdivisions Ken describes. Piling on 'mover isn't going to change the fact that some people build in highly vulnerable places and should expect problems when the inevitable flood comes.

It is a tragedy wherever it happens.

Gene
__________________

__________________
Gene is offline   Reply With Quote
Old 09-18-2013, 09:16 AM   #30
Figment of My Imagination
 
Protagonist's Avatar
 
2012 Interstate Coach
From All Over , More Than Anywhere Else
Join Date: Dec 2011
Posts: 10,294
Quote:
Originally Posted by Gene View Post
To discourage people from taking risks about where they build, flood insurance is getting more expensive and I think it will be rated according how far someone is into a potential flood zone.
It's not really to discourage homeowners. It's to make sure the insurance companies don't go bankrupt trying to pay out on all of the claims.

FEMA publishes flood zone maps, that indicate the expected flood elevation based on historical data. Every time there's a new and higher flood, FEMA reworks the maps.

Insurance companies base their premiums based on what the home's floor elevation is relative to the flood zone elevation. One can build smack dab in the middle of a flood plain, and if one's floor elevation is high enough, the insurance premiums will still be relatively low. That's why, here in south Louisiana, so many homes are up on stilts. The homeowners are too stubborn to move, and so they just keep elevating their homes higher and higher to keep above the rising FEMA flood zone elevations.
__________________

__________________
WBCCI #1105
TAC LA-4

My Google-Fu is strong today.
Protagonist is offline   Reply With Quote
Old 09-18-2013, 09:43 AM   #31
Rivet Master
 
Pahaska's Avatar
 
2014 Interstate Ext. Coach
Hays County , Texas
Join Date: Jun 2002
Posts: 5,819
Images: 3
It isn't only insurance companies that rely on flood plain information. Banks do also. My step-son works for a bank as a flood-risk analyst. He formerly worked for American Flood Data until they were bought out by another firm. Now, he works directly for the bank. He and several co-workers are busy rating properties for the bank, both for resale and for development.

Banks either will not lend at all or they will drastically up their rates in flood prone areas. This affects not only resales, it also affects the introduction of new subdivisions. It is hard to start a new subdivision when it is known before hand that the bank will not lend to buyers.
__________________
John W. Irwin
2014.5 Touring Coach, "Sabre-Dog IV"
WBCCI #9632
Pahaska is offline   Reply With Quote
Old 09-18-2013, 10:22 AM   #32
Rivet Master
 
Minno's Avatar

 
1972 31' Sovereign
Lexington , Minnesota
Join Date: Feb 2009
Posts: 3,323
Quote:
Originally Posted by Aerowood View Post
I,m having a hard time coping with all this.
Aerowood, How's your mom doing? And how are you and the rest of your family holding up?

Thinking of you and everyone else affected by the flood.

Chris & Kay
__________________
Minno is offline   Reply With Quote
Old 09-18-2013, 10:37 AM   #33
Rivet Master
 
Pahaska's Avatar
 
2014 Interstate Ext. Coach
Hays County , Texas
Join Date: Jun 2002
Posts: 5,819
Images: 3
St Vrain State Park

We stayed here in July, just off the middle right of the photo. The area is pretty low (used to be called Barbour Ponds). This was a really nice park. We came in on the road in the center of the photo.
Attached Thumbnails
Click image for larger version

Name:	Sy Vrain SP.JPG
Views:	76
Size:	105.9 KB
ID:	195924  
__________________
John W. Irwin
2014.5 Touring Coach, "Sabre-Dog IV"
WBCCI #9632
Pahaska is offline   Reply With Quote
Old 09-18-2013, 10:49 AM   #34
Rivet Master
 
Aerowood's Avatar

 
1971 21' Globetrotter
Arvada , Colorado
Join Date: May 2006
Posts: 2,840
Mom is hanging in there with some days better then others, she is still in the hospital. My son was able to go home yesterday but still has a boil water restriction, at least he has sewer service because some areas do not. I have to detour my drive to work and back due to two bridges washed out between my house in Arvada and the road I drive to the airport. The bulk of the devastation is north of me. A good family friend lives up Coal Creek Canyon and his driveway looks like a miniature Grand Canyon. i have a tractor he would like to use but as of yet we can't get it to his house, access through Golden Gate Canyon should be available soon.

Looting has now become an issue and neighborhood watch groups are arming themselves.
Aerowood is offline   Reply With Quote
Old 09-18-2013, 01:26 PM   #35
Rivet Master
 
TG Twinkie's Avatar
 
1974 Argosy 26
Morrill , Nebraska
Join Date: Nov 2009
Posts: 5,139
Images: 2
Blog Entries: 5
I think you will find that most insurance companies will not cover the damage caused by the Colorado Flood. Only Federal Flood insurance will cover the damage. If you did not have Federal Flood insurance, you are in for a surprise.
Banks and Mortgage companies require Federal Flood Insurance as well as VA guaranteed loans as far as I know. If your property is paid for or privately financed, you may be in for a shock.
__________________
Knowledge: "A gift to be shared. A treasure to receive."
TG Twinkie is offline   Reply With Quote
Old 09-18-2013, 01:56 PM   #36
Rivet Master
 
Aerowood's Avatar

 
1971 21' Globetrotter
Arvada , Colorado
Join Date: May 2006
Posts: 2,840
TG, the South Platte surge is expected to hit Nebraska today or tomorrow, flood warning out for Julesburg Co.
Aerowood is offline   Reply With Quote
Old 09-18-2013, 02:08 PM   #37
Rivet Master
 
Gene's Avatar
 
2008 25' Safari FB SE
Grand Junction , Colorado
Join Date: Sep 2007
Posts: 10,840
Federal flood insurance was created to provide insurance for people in areas prone to flooding because insurance companies would not. It is subsidized by the feds and has been losing money because the premiums are not high enough to pay for the claims.

Congress acted recently (it may have been part of the deal to appropriate money for Sandy victims) to increase premiums for the program. But if the premiums are too high, fewer people will insure and the program will still lose money. Part of the reason for the changes in this program was to discourage people from building and part was to reduce deficits.

Many people thought the premiums were too high already and that is why so many people don't buy this type of insurance. This program cannot work without government subsidies in my opinion. I think the community as a whole has some sort of responsibility to those in trouble (you never know when you're going to need some community help you never thought of). But if we subsidize dumb behavior, we just keep paying for the same damage to the same property over and over.

I think the solution is a compromise—people in flood prone areas that built before the dangers were known should have some sort of subsidy, but others who built more recently with knowledge of the danger should pay more for the insurance. It may also make sense to pay people not to build.

Then there is the question of infrastructure. The highway along the Big Thompson has been washed out twice in 38 years. Does it make sense to build anything but a local dirt road through there? Shouldn't the access to Estes Park be some other road? Is there going to be federal money to Colorado to help with this? A lot of the roads in the Front Range foothills access federal parks and other federal lands, so the feds should be actively involved, i.e., help pay for it.

Part of this is about costs, and, of course, part of this is about human tragedy. Suppose your grandfather build a bucolic cabin along a creek or river—close to the rushing water and not too high above it. It has been the scene of many pleasant family gatherings. And one day it washes away with grandpa. Dumb place to build and terrible and sad outcome.

Gene
__________________
Gene is offline   Reply With Quote
Old 09-18-2013, 02:10 PM   #38
Site Team
 
reinergirl's Avatar

 
1963 26' Overlander
Hollis , New Hampshire
Join Date: Oct 2009
Posts: 2,639
Images: 15
Aerowood

I am sending positive thoughts your way and hope your mom and family will be okay. The pictures on the TV are horrifying enough, can't imagine being there.

Hang in there.
__________________
Shelly : TAC NH-6 | AIR 41359
Visit my blog!
Parts needed : Braund Antenna front tube fold down model!
reinergirl is offline   Reply With Quote
Old 09-18-2013, 02:49 PM   #39
Rivet Master

 
Currently Looking...
1995 36' Classic 36
Ludington , Michigan
Join Date: May 2011
Posts: 1,305
I just got back from checking on some friends and helping recover from water damage. The number of houses with flooring, wall board, furniture, beds, and other household goods piled in front yards is amazing. Many of them are well above any floodplain. Two friends with damage were informed that they have no coverage. The ones in floodplains are covered.
__________________
Kota is offline   Reply With Quote
Old 09-18-2013, 03:07 PM   #40
Rivet Master
 
Gene's Avatar
 
2008 25' Safari FB SE
Grand Junction , Colorado
Join Date: Sep 2007
Posts: 10,840
Another twist on the insurance issue is the one Dakota tells about. People not in flood prone areas according to the maps would probably never get flood insurance, and may not be eligible for it. Those people should be eligible at the lowest rates because it isn't supposed to happen there.

You can't get federal flood insurance unless your county has opted into the program. Then there have to be maps prepared to tell you what area you are in—terms like "floodway" and "floodplain" will make you crazy. The county we live in did not have maps for a lot of of the flood prone areas 10 years ago when I looked this stuff up. But the county had opted in. I don't know how that has worked out.

For our part, I never ever look at property that looks like it will flood or is on the maps. I'd love to live somewhere near the ocean or in a pretty river valley (for a while, I'd probably go back to the high desert), but it is too dangerous. Insurance can replace a house, but not a home.

Gene
__________________
Gene is offline   Reply With Quote
Old 09-18-2013, 05:25 PM   #41
Rivet Master
 
InsideOut's Avatar

 
1956 22' Safari
Vintage Kin Owner
Conifer/Evergreen , Colorado
Join Date: Feb 2002
Posts: 11,793
Images: 108
At our last house, up until 2/13 we had to carry flood insurance as a requirement of our loan. We were considered to be in a 100-yr flood zone. The curious thing was that there were four houses on our block that it pretained to. Evidentally, we were the "low spot" on the city block between two small lakes several miles apart. It cost $100 per month and we did not know about this until a couple of days before our closing on the house. We were kinda "stuck". No biggie - but at $1200 a year on top of our regular homeowners insurance, it was a bit of a hit.

Shari
__________________
Vintage Airstream Club - Past President 2007/2008
WBCCI #1824 - DenCO Unit Past President (2005)
AIR #30 - Join Date: 2-25-2002

RMVAC | WBCCI DenCO Unit | Sisters on the Fly | Tin Can Tourists
BIRDY - our 1956 Safari | 1964 Serro Scotty
InsideOut is offline   Reply With Quote
Old 09-18-2013, 07:29 PM   #42
Rivet Master
 
TG Twinkie's Avatar
 
1974 Argosy 26
Morrill , Nebraska
Join Date: Nov 2009
Posts: 5,139
Images: 2
Blog Entries: 5
I had a home near Conifer,CO. I had assumed a VA loan. This home is at 9,000' elevation. Everything was down hill from the location. The only thing above the home was the sky. When I was told the home had to be covered by Flood Insurance. I explained that if this home was flooded, Denver, CO would be 4,000' under water. I was still required to have flood insurance.
And by the way. Flood Insurance does not cover a pipe breaking in the home, causing flooding.
__________________

__________________
Knowledge: "A gift to be shared. A treasure to receive."
TG Twinkie is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Virginia Campgrounds

Reviews provided by




Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -6. The time now is 02:01 AM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.

Airstream is a registered trademark of Airstream Inc. All rights reserved. Airstream trademark used under license to Social Knowledge LLC.