Re:Hurricane Ian damages in Southeast estimated at $100B to ...
by jjeaff on Friday September 30, 2022 @02:24PM
(#33038639)
Private insurers will not cover homes in coastal areas that flood frequently. It is simply not financially viable. Many beach properties have subsidized government insurance.
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Re:Hurricane Ian damages in Southeast estimated at $100B to ...
by treeman79 on Friday September 30, 2022 @03:45PM
(#33039819)
This is what needs to stop.
If government provides cheap insurance. The building on coast is a great idea.
Geraldo Rivera did a special on it many years ago. He lost his house. Didn’t cost him a dime. Was planning on rebuilding due to cheap insurance. Which he seemed to find ridiculous.