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Old 07-17-2013, 07:21 AM   #4082
Kavvy
Self Imposed Exile
 
Join Date: Jul 2008
Location: Calgary
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Quote:
Originally Posted by macrov View Post


So, there is a policy in place for disaster relief. If your property is built in an area where the government has given you permission to build, you will be provided assistance in the event of natural disasters. Short of buying out property at FAIR MARKET VALUE, if the government gave you title, and you pay taxes, you should be covered. Thats the promise they made when they gave out the title. That promise is grandfathered until they buy you out. Reneging on a promise like that is not acceptable, and may even be unlawful. And the government will likely be advised by lawyers of this.
So by this logic, if a disaster hits, and it isn't large scale, and so only my house is affected, the Alberta Government is forced to pony up?

Why by insurance?
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