"Phyllis and Jim Hurley" wrote in message
...
Thanks for your concern Carol-Ann. He had good insurance, flood and
hurricane. And he has detailed pictures of everything in his house. Now
he
has to document the cost of every T-shirt he ever got (and photoed).
However, only rooms with wind damage qualify for reimbursement. Flood
insurance did not cover contents. Also, replacement cost only comes into
play when you actually replace something. Otherwise, it is depreciated
value. What is the depreciated value of souvenir Elvis shades? Or of a
gift your parents got for you in Europe? He has an huge task valuing the
stuff...but better thaqn not having insurance. He won't come out ahead,
but
he will get his money out and have a clean lot to build on if he wants.
The
federal gov't offers VERY good loan rates to people in his situation.

Thanks for your concern.
==================================
I wish your son well and feel great sympathy for the thousands of people in
his place.
--
Carol McKoi.... frugal ponding since 1995...
My Pond & Aquarium Pages:
http://bellsouthpwp.net/s/h/shastadaisy
~~~ }((((o ~~~ }{{{{o ~~~ }(((((o