Flood insurance is a joke. It’s nothing more than socialized insurance for an otherwise un-insurable risk. Why do you think places get labeled as “flood plains”? Used to be a “heads up” to not build there because it will flood, just a question of when. It’s more a probability of loss than a risk. Why would anyone insure for damages that are sure to occur? Floods aren’t like tornadoes or other disasters that hit at random. But as usual, the #1 enemy of all humans, themselves, ignore the signs for sake of convenience. The result? Billions of dollars wasted annually to pay for flood damage. Hello? DON’T FREAKIN’ BUILD THERE.
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Flood insurance is a joke. It’s nothing more than socialized insurance for an otherwise un-insurable risk. Why do you think places get labeled as “flood plains”? Used to be a “heads up” to not build there because it will flood, just a question of when. It’s more a probability of loss than a risk. Why would anyone insure for damages that are sure to occur? Floods aren’t like tornadoes or other disasters that hit at random. But as usual, the #1 enemy of all humans, themselves, ignore the signs for sake of convenience. The result? Billions of dollars wasted annually to pay for flood damage. Hello? DON’T FREAKIN’ BUILD THERE.
Thank you! Your final statement says it all.