Did We Survive Hurricane Katrina or Not?: WLOX-TV - The News for South Mississippi: As Insurance Premiums Soar After Katrina, Some Homeowners Are "Going Bare"

Monday, March 19, 2007

WLOX-TV - The News for South Mississippi: As Insurance Premiums Soar After Katrina, Some Homeowners Are "Going Bare"

WLOX-TV - The News for South Mississippi: As Insurance Premiums Soar After Katrina, Some Homeowners Are "Going Bare": "Facing soaring premiums or feeling shortchanged by their insurers, a growing number of homeowners and businesses in Louisiana and Mississippi are 'going bare,' or dropping their coverage altogether, insurance agents and consumer advocates say."

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"A man's house burns down. The smoking wreckage represents only a ruined home that was dear through years of use and pleasant associations. By and by, as the days and weeks go on, first he misses this, then that, then the other thing. And when he casts about for it he finds that it was in that house. Always it is an essential -- there was but one of its kind. It cannot be replaced. It was in that house. It is irrevocably lost. It will be years before the tale of lost essentials is complete, and not till then can he truly know the magnitude of his disaster..."

-- Mark Twain