This morning

[CptTrips]

if the Government requires a product “insurance”, which one needs if they have a mortgage, then they also need to provide a solution as well.

Pardon my ignorance, I've never bought a house.

Is that a government requirement or a lender requirement to protect their loan?

[AKIron]

Pardon my ignorance, I've never bought a house.

Is that a government requirement or a lender requirement to protect their loan?

It's a lender requirement but some lenders are backed by the government so the waters can get muddy. Certainly not fair to tax everyone so some can choose to live in high risk areas.

[AKIron]

Looked it up. No state requires home owner insurance. You can bet every mortgage company does.

[CptTrips]

Looked it up. No state requires home owner insurance. You can bet every mortgage company does.

But they do that for prudent business reasons.  It's not political.  They are protecting their loan.

Like when I buy a new pickup.  Yeah the state requires I keep liability for other drivers protection, but for my truck, it is the lender than requires I keep full coverage on the truck until my loan is paid off so I don't total it and walk away from the loan unpaid because I can't afford to get the truck fixed. 

Once you pay off the loan, the mortgage company doesn't care what you do.  Lol.  Had a buddy get his new truck repo'd.  Tried to skimp on the full coverage and the loan company found out and repo'd that sucker.

[Chris79]

Looked it up. No state requires home owner insurance. You can bet every mortgage company does.

I confused car with homeowners insurance.

[Meatwad]

Looked it up. No state requires home owner insurance. You can bet every mortgage company does.

Our mortgage company makes it mandatory to have homeowner insurance if you have a mortgage through them

[1Cane]

Eagler

When a person Tell's you they are not going to do their job in the second video it's not bias but fair judgement to say they should be fired. It's your fault house is ablaze, and they won't help you
Using the term bias to protect someone for bad deeds is no different than shouting racist every time to stop them from losing the argument.

[AKIron]

I confused car with homeowners insurance.

The government does insist we who drive have liability insurance. Of course that's to protect other drivers from us. It was not required in Texas when I learned to drive. You're going to pay more in some areas that are more risky or have more uninsured drivers. Not the fault of the insurance company.

[Eagler]

Not sure what the need for home owners insurance is if big brother gov fema is going to write blank checks to rebuild...

I don't think it should be the governments responsibility but it sure buys votes eh..

36 trillion on its way to 40 trillion and beyond!!

Eagler

[DmonSlyr]

My fav quote of the year so far:

Michael Seifert on X: "It’s amazing that our government will tell you with a straight face that they can’t stop a regional fire, but if you just pay more in taxes, they can change the entire global climate. It’s even more amazing that anyone believes them".

[Eagler]

My fav quote of the year so far:

Michael Seifert on X: "It’s amazing that our government will tell you with a straight face that they can’t stop a regional fire, but if you just pay more in taxes, they can change the entire global climate. It’s even more amazing that anyone believes them".

I have thought that all along...

I do believe less ppl believe what they hear nowadays more than ever from watching the bs implode under their watch but sadly many still swallow the kool-aid as it's their flavor..

Eagler

[Maverick]

If you live near a water source, like a river you can be required to have flood insurance and I believe that is only provided by the govt., not a commercial insurer. I could be wrong as I never wanted to live where I needed to have it. I've seen far too many news stories about folks who get flooded out repeatedly and build back in the same spot.

[Meatwad]

My fav quote of the year so far:

Michael Seifert on X: "It’s amazing that our government will tell you with a straight face that they can’t stop a regional fire, but if you just pay more in taxes, they can change the entire global climate. It’s even more amazing that anyone believes them".

And if you disagree with them you are a conspiracy theorist and your post flagged/deleted for disinformation because any opposition to their new world order is not allowed

[Shuffler]

Today it is best to take care of yourself. Much like they did years a go. If in a fire, get out yourself. Likely that someone coming can't budge you, much less carry you to safety. Not bravery, all about ability to do the job.

[RUSH1]

And if you disagree with them you are a conspiracy theorist and your post flagged/deleted for disinformation because any opposition to their new world order is not allowed