Insured losses from Greensburg tornado!

[Craig Maire II]

I've just read that insured losses from the Greensburg EF5 tornado are listed at 153,000,000$!!
Link: http://www.kansas.com/greensburg/story/102573.html

 

[mark humpage]

After studying the site I can well believe it. http://markhumpage.blogspot.com/2007/06/greensburg-tornado.html

Thoughts are with the Greensburg people, some of whom I got to know quite well on my visit.

Mark

 

[Bob Schafer]

Doing some ridiculously simple math in my head, 1000 houses destroyed (and I don't have the slightest idea how many there were), each worth an average value of $153,000 yields a loss of $153 million. But, there are insured losses besides just that; loss of wages, temporary housing, medical expenses, commercial losses, etc. So, the $153 million number seems perfectly reasonable to me.

A good number of 'canes have exceeded $15 billion, or 100 times as much as that.

 

[Shane Adams]

I just hope each and every family is taken care of and the insurance companies do the job they're supposed to (and that people pay out the a$$ for). After the 5-3-99 F5, insurance companies tried to screw a lot of people out of their claims....because that's what insurance companies do. Still don't understand why it's the law to carry coverage but it's not AGAINST the law to be screwed by the insurance companies when you need them.

 

[mike scantlin]

bastards...

 

[Brian Stertz]

Yeah it's all about the convenience and dollar signs to the ins. company and not the other way around. It was good to see the holier than thou State Farm take in the booty for denying claims because of them trying to bend the rules to their advantage and screw over the very people that are paying into that pirate ship. They are the first to be all over you like a cheap suit when you are a few days late on a payment, but they'll do their damndest to stall and try to work things against you when you need things resoved the quickest. Amen to that Shane !!

 

[Dick McGowan]

I talked to a friend whose house was destroyed south of town and he has since moved into a house that his family owned on the west side of Greensburg. Thanks to volunteers, he has a place to live (a newly remodeled house) and is just now beginning to cut wheat and work in his fields again, but there is still quite a bit of debris left in his fields. One thing some Greensburg residents are upset about, was that FEMA just packed up and left one day. I don't know the full story behind it, but I know a lot are not happy. The town has removed 80-85 percent of the debris out of there, but there is still quite a bit of debris left, with quite a bit not even completely off of the roads yet. I sure hope the insurance companies pay what they are supposed to because the residents who have decided to stay and rebuild (about 80 percent is what I'm told) have got a lot of work ahead of them and could use every available resource possible. It's amazing that the residents walk around with smiles on their faces and talk about their town with high hopes considering their lives were perfectly normal a little over 2 months ago.