I have a .pdf file of the Dept. of Ecology's analysis of what I-933 would mean to protecting the air, water, and the rest of the environment here in Washington State.

It's not very complimentary...one thing I didn't think of earlier is that I-933 would make it impossible for the state to comply with the National Flood Insurance Association requirements, so flood insurance wouldn't be available in Washington anymore.

(For those of you who don't know, Flood Insurance is only given to people who live in states where the state agencies have restrictions on where and how you can build in a flood plain...I-933 would remove Ecology's ability to keep Washington in compliance with NFIA's requirements, so the NFIA would pull flood insurance in Washington.)

It's a 20 page file, but I could post it...unfortunately it's not on a server somewhere, I just have an electronic copy...

If anyone wants a copy, send me an e-mail...

c_n_r_nates@hotmail.com

Fish on...

Todd

Send me a copy, Todd.

Slab,

Send me an e-mail, and I'll attach it in the reply...

c_n_r_nates@hotmail.com

Fish on...

Todd

As the "bend over and grab your ankles" owner of a #1,200/year flood insurance policy, that's reason enough for me to vote for I-933.

Sol, how is I-933 gonna' help your flood insurance policy situation?

Todd I'll take one also

Thanks

Fishead5@hctc.com

I would assume if the NFIA pulls flood insurance in Washington like Todd says, lenders can't very well require it, can they?

They may call your loan if flood insurance is cancelled. If your fire coverage, which is required by lenders, is cancelled, then the lender will pay for it and add the cost to your loan amount due. If fire insurance is not available to protect the structure and their investment they'll call the loan. Why wouldn't the lender do that if the flood insurance is cancelled?

Sol,

Aha. I see. Lenders might still require flood insurance, just that it wouldn't be underwritten by FEMA. And if FEMA won't back it, since they back some really high risk property that floods all the time, I'd be surprised if any private insurance company would.

KK,

If Sol's loan and flood insurance are from private banks and companies, then this could leave him hurting, as per Chuck E's post.

If you can get someone other than the feds to underwrite the flood policy, then it wouldn't be a problem...but if a private company is going to do it, count on paying outrageous premiums.

Fish on...

Todd

KK, you are grasping the potential of the situation perfectly, in my opinion.

Fish on...

Todd