Posted On: August 1, 2008, 9:26 am CDT

Posted By: MAP in A2

The only reason this is being floated is so that the insurers can make money where people don't want to pay the true cost of coverage (or, at least the significantly increased costs of late). We should be adamantly opposed to subsidizing people that choose to live in coastal, disaster-prone areas. If someone lives along a coast, they should ante up the premium to do so. To add state and federal subsididies (read: taxpayer dollars) to supplement a bad idea is bad policy. Here's an idea: let market forces work, instead of distorting them even further.