HEADS UP MIAMI: GREED, THAT IMPLODED THE EMPIRE IN 2008, IS REARING ITS UGLY HEAD IN MIAMI FLOOD ZONE. IF YOUR HOME’S MORTAGE IS HELD BY CHASE BANK AND HAS FLOOD INSURANCE WITH STATE FARM, HEADS UP……… OUR HOME’S FLOOD INSURANCE HELD BY STATE FARM WAS ALLOWED TO EXPIRED AND CHASE FORCED US TO ACCEPT THEIR OWN FLOOD INSURANCE. WE HAD PAID $300.00 FOR STATE FARM'S FLOOD INSURANCE AND CHASE’S FLOOD INSURANCE IS $1300. WHEN THIS MONTH, OUR MORTAGE PAYMENTS JUMPED $700.00 MORE A MONTH, WE TOOK THE PROBLEM TO ZOE LOPEZ,305-267-5240,FRIEND/REALTOR AND FOUND THAT: BESIDES THE FLOOD INSURANCE PLAY, WE WERE PAYING STATE FARM INSURANCE COVERAGE, FOR OUR 1400 SQUARE FEET PROPERTY, MORE THAN IS
PAID BY PROPERTIES TIME AND HALF THE SQUARE FOOTAGE, WITH SIMILAR ACCOMODATIONS. HEADS UP, DO NOT TRUST YOUR INSURER; THEY COULD BE PLAYING YOU WITH THE BANKS TO MAKE YOU ANOTHER FORCLOSED “INSIDE JOKE” VICTIM. HEADS UP.
