I just found out why, after paying insurance premiums for decades, we have to give our insurance check to our mortgage company, who will pay us upon three inspection completions, the last two of which we must pay for. (Oh, the things you learn in a catastrophe which you hope and pray you will never have to use again.) Two reasons: 1) stupid bankers who dished out money to people who couldn’t pay it back and now WE have to pay for their misjudgments; and 2) stupid Katrina homeowners who were given half the price of their ruined homes up front, and then, because of the drop in the housing market, knew they couldn’t get any more for their house even if they did rebuild, so took off with that money – thus leaving the bank hounding the insurance companies for the remaining half. And who pays for that, too? The banks? The homeowner thieves? Nope and nope. Us honest folk.
Someday… someday I’ll be able to use all this catastrophe knowledge in my writing. But I’m doing historical fiction and fantasy at the moment. So right now I’m just crossing my arms and stamping my feet at the situation. Does it help, you ask? Very good question.