Charleston Real Estate Market

     I can’t think of anything more irresponsible than the Senate going home for a vacation without renewing the Federal Flood Insurance Program. The biggest irony (and the saddest) is that the program was allowed to expire on the first day of hurricane season. You would think that as self-serving as most politicos are, they would jump at the opportunity to lead the charge to protect their constituents. To do so without controversy seems to be a PR dream come true. 

While everyone seems to think that it doesn’t affect them, consider if you are one of the thousands of people whose insurance carrier decided to move out of the market or just drop certain policies in those markets. It is not just the folks trying to buy a home needing flood insurance who are in trouble. If your policy is up for renewal…guess what. It can’t and you are without coverage. Your lender requires you to have flood insurance….where does that leave you? In alot of trouble. And it’s not just folks on the coast that are in a tight spot. We forget there are locations inland that are devasted by flooding. The news from Arkansas has brought that home to us this week.

     I know I’m on my soapbox, but I think that Seantors who would go home without taking care of this important piece of business need to be returned to the world that the rest of us have to live in. Maybe then they’ll learn what we know only too well. We don’t go home til our work is done.  That’s how it is in the real world.

Filed under: Around Town, Lowcountry Lifestyle, Lowcountry Today, Uncategorized on June 13th, 2010