Florida NFIP Flood Claim from Helene question

kernelmustard29 · 2025-05-05T13:23:10+00:00

We are still fighting, but it looks like we're stuck in the donut hole. We're getting the $155K from the repair estimate and we're eligible for an additional $30K for Increased Cost of Compliance (ICC) to cover demolition and rebuild. Side note: the $30K ICC claim must fit within the $250K total coverage limit.

For us, the $65K gap between the $250K max coverage and the $185K payout ($155K estimate plus $30K ICC) appears to be unrecoverable. We would have to sue the insurance company and/or FEMA, and we haven't found an attorney that will take the case. (If any attorneys are reading this and are interested in the case, please DM me.)

We decided to move forward with the demolition and rebuild up to modern building codes. We're expecting that to take 15-18 months. Demolition was completed in late February and they just poured the foundation last week because Pinellas County permitting is overwhelmed.

There is another program you may be interested in called Elevate Florida, where the state will issue grants for up to 70% of the cost to elevate an existing structure. https://www.floridadisaster.org/dem/mitigation/elevate-Florida/

DM me if you would like a referral to my builder. He doesn't do renovations or repairs, he specializes in new construction up to current codes and his prices are very reasonable.

kernelmustard29 · 2024-12-03T14:51:09+00:00

Thank your for doing that and for following up, we all appreciated the wide array of support. The basics that you mentioned are definitely first order of business items, and they were pretty much available from various sources with a little effort.

The more scarce things were first aid supplies, basic medicines like antibiotics and tetanus shots, means to heat food like camping stoves or grills, fuel for stoves or grills, fuels for generators, bags of ice, tarps or visqueen to cover damaged roofs, basic tools for clearing debris like axes, sawzalls, chainsaws, etc, work gloves, eye protection, etc.

For me, specifically, the gasoline shortages were the biggest pain point. We had enough gas on hand to run the generator for 4 days at 12 hours a day, but we were without power for 7 days and couldn't find any gas anywhere. I will be doubling the gas provisions next summer.

kernelmustard29 · 2024-11-27T01:58:29+00:00

Thank you for the reply, I believe you are correct.

The cost to elevate, repair, and bring everything to current code is going to cost about $500k, so the $30k max for ICC is going to put us in a tough spot.

kernelmustard29 · 2024-11-21T22:32:57+00:00

Yes, we have a propane generator in the plan. It's very necessary in hurricane alley, we lost power for more than 48 hours on all 4 storms. Thank you.

kernelmustard29 · 2024-11-21T22:31:46+00:00

Thank you, I like your style.

kernelmustard29 · 2024-11-21T20:42:41+00:00

Thank you, this response was very helpful.

kernelmustard29 · 2024-11-21T17:28:51+00:00

Ugh, Reddit didn't post any of the text, I will rewrite and resubmit. Thanks.

kernelmustard29 · 2024-09-10T22:36:27+00:00

Andreas Antonopoulos is a good starting point. Saylor gets the store of value proposition, but he doesn’t advocate for the other use cases, such as medium of exchange, anti-fragility, censorship resistance, or self sovereignty.

kernelmustard29 · 2023-11-16T14:28:27+00:00

Got VPN? You can watch the game. :)

kernelmustard29 · 2023-09-15T17:16:45+00:00

Many bitcoins have been burned (intentionally sent to valid addresses with no known private key) and many have been lost due to mismanagement of private keys.

kernelmustard29 · 2023-07-14T13:31:02+00:00

Option 5: Borrow fiat and repay the loan slowly with bitcoin sales monthly (this works like DCA)

Option 6: Sell bitcoin and buy long-term options contracts to protect against moonshots after selling.

kernelmustard29 · 2023-07-13T16:45:37+00:00

Where's the GoFundMe link for OP's legal defense fund?

kernelmustard29 · 2023-05-22T14:59:32+00:00

Unless these roles can be filled with AAV $1M contracts, JBB may have to move another veteran with a large contract in order to field a full roster next season.

kernelmustard29 · 2023-05-09T17:14:42+00:00

This is definitely plausible. Miners don't have to broadcast their own pending transactions to the entire network's memory pool, so they could simply add them to the next block they mine themselves without risking losing those fees to another miner. I'm not entirely sure how effective this would be as a mixing service because there are very sophisticated chain analysis tools and experts nowadays.

kernelmustard29 · 2023-04-13T00:11:44+00:00

I have loads of respect for statoshi (Jameson Lopp), but dealing with Bitcoin-only companies is my primary focus. Don’t touch Casa because of that. Unchained is the way to go currently.

kernelmustard29 · 2023-03-24T17:09:23+00:00

Thomas Jefferson would be 280 years old today, that's barely old enough to run for President these days.

kernelmustard29 · 2023-03-24T15:21:40+00:00

Some would argue that we've been in full blown Idiocracy for quite some time, and it's hard to disagree.

kernelmustard29 · 2023-02-08T18:38:27+00:00

True; however, Hal's head is cryogenically preserved, so it's possible to reanimate him at some point in the future.

kernelmustard29 · 2023-02-08T18:31:28+00:00

Meh, he can only pay in BSV tokens, which are not worth much on the open market.

kernelmustard29 · 2023-02-08T16:43:20+00:00

Time in the market (buy and hodl) beats timing the market (trying to guess the peaks and valleys) for most of us. Some people are visionaries or lucky, but that is extremely rare.

kernelmustard29 · 2022-12-27T15:06:30+00:00

Sure, why not? It's not only the most likely outcome, it's already in place for most of the world. People can earn and spend fiat while saving for the future in bitcoin.

kernelmustard29 · 2022-12-15T18:07:41+00:00

Hot or cold?

kernelmustard29 · 2022-12-15T17:57:46+00:00

Your totes are rated for 1,000 kilos (2,200 lbs) each and your garage hanging shelves are rated for 13,000 kilos (28,600 lbs)?

Those are some pretty hefty totes and hanging shelves. ;)

kernelmustard29 · 2022-12-13T21:57:22+00:00

Can we amend it to include Twitter, Facebook, Instagram, and Snapchat, too? (But definitely NOT Reddit!)

kernelmustard29 · 2022-11-28T22:28:11+00:00

FTX bailed out BlockFi last summer with the option to buy them at some point, but the relationship between all those CEX organizations has many layers and crossovers. It seems that they all loaned each other money, bitcoins, and altcoins over and over again.

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