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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 Mz on Tuesday August 29, 2017 @08:09PM (#15128696)
Major earthquakes are less frequent than major flooding. If the time frame is large enough and the timing uncertain enough, it can still make sense as a bet.
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Re:Houston is experiencing its third ‘500-year’ flood in 3 y... by Retric on Tuesday August 29, 2017 @08:52PM (#15128879)
Frequency only changes premiums, car insurance is much more likely to pay out than earthquake insurance per year. That just means it costs more money per year relative to the payout.
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