Options.
1. Force everyone to buy flood coverage like we were forced to buy health insurance.
2. Stop paying people for their damaged homes at “pre-flood” prices.
3. “For those who want to move out of a flood zone” – Stop misinforming people about the fact everyone lives in a flood zone.
4. Stop expecting government to do anything right and in a timely manner.
I have to disagree with #3 – everyone lives in a flood zone. Some may be in a high-risk, while others are in a low-risk area. I live an a “X” zone, while the person 2 blocks from me is in a different zone because of a creek next to their house/in a 100 year flood area. If the person hasn’t bought flood insurance and they are in a high-risk area, the government shouldn’t be bailing them out.
Based on the fact that the flood zone boundary lines are not static, nor are they updated frequently enough by FEMA, I’m a little surprised that banks and mortgage companies have not begun to require flood coverage, regardless of zone, on mortgaged properties.
Options.
1. Force everyone to buy flood coverage like we were forced to buy health insurance.
2. Stop paying people for their damaged homes at “pre-flood” prices.
3. “For those who want to move out of a flood zone” – Stop misinforming people about the fact everyone lives in a flood zone.
4. Stop expecting government to do anything right and in a timely manner.
I have to disagree with #3 – everyone lives in a flood zone. Some may be in a high-risk, while others are in a low-risk area. I live an a “X” zone, while the person 2 blocks from me is in a different zone because of a creek next to their house/in a 100 year flood area. If the person hasn’t bought flood insurance and they are in a high-risk area, the government shouldn’t be bailing them out.
Based on the fact that the flood zone boundary lines are not static, nor are they updated frequently enough by FEMA, I’m a little surprised that banks and mortgage companies have not begun to require flood coverage, regardless of zone, on mortgaged properties.