Quote:
Originally Posted by davidlpf
Most of places are subject to some kind of extreme weather. Insurance is not subsidie it is so if somethimg happens you can replace the damaged items.
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Actually, the government does subsidize insurance under the National Flood Insurance Program for those who wish to live in flood zones. Private insurance carriers won't cover it on their own. Why don't they just make these areas off limits to development if it's that big of a risk.