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Flood Insurance is BS. Only rich folk can afford it. The widows and orphans get flooded and dont get a dime, while the rich folk get to replace their 80s kitchens and baths all brand new on the govts dime. I guess they get their funds from the widows SS check.

Fact people with flood insurance only pay 1/3 the cost

Fact NFIP tries its best to keep non FHA mortgage holders from getting flood insurance as it is of no benefit to them.

The more folks in flood zones who dont have flood insurance the better since the program takes a loss on each new customer.

From: Federal law takes homes to new heights

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