re: 10 years ago today - Hurricane Ivan

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in reality the entire area, for the most part, has benefited from Ivan. It was the push/destruction needed to get the area to a different more modern level

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There was a mad scramble by developers to secure property during that time frame. We had just bought a piece of Gulf Front for development, closed the week prior to Ivan. Against the Insurance Agents recommendations (tear down rebuild plans) we decided to purchase FULL Coverage on the property instead of just liability. It took 4+- years to get paid by the insurance company, got the policy max :) National Flood Insurance paid pretty fast, within a year, full policy max :) .. All of that really helped reduce our overall cost on the property, however, we haven't rebuilt yet but are beginning to feel that the market is where we should start back with the process.