From: The Honorable Ron Klein
Sent By: < Homeowners’ Defense Act: Diverse Support for HR 2555>
Bill: H.R. 2555
Date: 6/10/2009
I wanted to direct your attention to the following support for the Homeowners’ Defense Act.
Hurricane Katrina recovery cost each American taxpayer more than $800 in part because we lacked
an efficient national solution. Natural disasters are a national problem. That’s why I strongly support the
Homeowners’ Defense Act. It would stabilize skyrocketing insurance rates and provide a common-sense
federal backstop in the event of a major natural disaster. I’ve long been a supporter of a National
Catastrophic Insurance plan, and the time to act is now, before another disaster strikes. President
Barack Obama, September 2008.
“This bill takes meaningful and important steps toward improving America’s system of dealing with natural
catastrophes. The bill will improve mitigation and land use policies, strengthen first responder programs
and provide a fiscally responsible way for our nation to prepare for the event of a truly massive natural
catastrophe.” James Lee Witt, former FEMA Director under President Clinton, May 2009.
Natural disasters require a national solution and the introduction of the Klein bill is a good first step
towards a comprehensive solution.” Charles E. Symington, Jr., Independent Insurance Agents and
Brokers of America, May 2009.
“The president-elect and congressional leaders have agreed that enacting comprehensive catastrophe
protections like those included in the Homeowners’ Defense Act, are essential for protecting the 6-in-10
American families who live in areas that are prone to massive natural events like hurricanes and
earthquakes. The time to act is now, before the next catastrophe strikes.” Admiral James M. Loy, former
commandant of the U.S. Coast Guard and deputy secretary of the U.S. Department of Homeland
Security, December 2008.
“The benefit [of the Homeowners’ Defense Act] would be lower insurance premiums…a national problem
needs a national solution.” Palm Beach Post Editorial Board, May 2009.
The Homeowners’ Defense Act represents a fundamental rethinking of disaster planning and response. It
is voluntary, actuarially sound, and it lowers rates as it stabilizes the market by ensuring that the
homeowner will always get their claim paid while capping the industry and state’s liability. In addition, the
bill is fiscally responsible. The Homeowners’ Defense Act will end the policy of federal bailouts following
natural catastrophes.
If you would like to become a cosponsor of the Homeowners Defense Act or have any further questions,
please contact David Hollingsworth in Congressman Klein’s office at: 5-3026 or by email at:
Ron Klein
Member of Congress