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A comment on Houston is experiencing its third ‘500-year’ flood in 3 years. Parent comment

Re:Houston is experiencing its third ‘500-year’ flood in 3 y... by x0x0 on Tuesday August 29, 2017 @05:53PM (#15127921)
Because, crucially, your mortgage may require you to buy insurance in flood plains. And it can be quite expensive.

see also https://qz.com/1063985/hurricane-harvey-why-85-of-homeowners...

There's gonna be lots of screaming when homeowners in Houston realize how much flood insurance is going to cost them in the future. We all got a preview of this in coastal Florida.

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Re:Houston is experiencing its third ‘500-year’ flood in 3 y... by cat199 on Tuesday August 29, 2017 @08:06PM (#15128677)
Pretty much everyone knows it's a good idea to get flood insurance in Houston.. We still get lots of localized downpours, floodplane or no, which can easily overwhelm local drainage, etc. Whether they actually do it or not is another idea
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Re:Houston is experiencing its third ‘500-year’ flood in 3 y... by mannykannot on Wednesday August 30, 2017 @07:48AM (#15131312)
I am aware that flood insurance itself is subject to government influence - e.g. the National Flood Insurance Program, and possibly state regulation (even in Texas) - but I don't know the details. Does it result in premiums being affected by official flood-zone designations?

As you appear to be in or near Houston, I hope things are OK with you and your family.

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Re:Houston is experiencing its third ‘500-year’ flood in 3 y... by cat199 on Friday September 01, 2017 @08:54AM (#15147940)
non homeowner, and haven't spoken to many, so no clear inisght.

all well here, many people I know or are aware of are affected, thanks.

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