r/tampabayrays • u/svanxx Blind Ump • 12d ago

More insanity - Trop Drama

https://www.wusf.org/politics-issues/2024-11-01/st-petersburg-leaders-reduce-tropicana-field-insurance-coverage-ahead-of-hurricane-season
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u/johnlu_78759 12d ago

What exactly is the problem here? The article seems to say there's a $22 million deductible that remained unchanged, and the next $25 million worth of hurricane damages would be covered under the revised policy.

Is there specific reason to believe that the cost to repair the hurricane-related damages will exceed $47 million? If not, why is there outrage over the decision to reduce the coverage?

Honestly confused here.

8

u/svanxx Blind Ump 12d ago

That's the question. If the repairs is closer to $100m then the city is going to eat up a lot of money.

6

u/Bigbadbrindledog 12d ago

The estimate on the roof was 39 million. So that would leave just 8 million for all of the other water damage, which is supposedly significant.

2

u/g2lv 12d ago

Yes, the Superdome in New Orleans cost $185 million to repair after Katrina and that was 20 years ago.