There are 130 million homes in United States. Who can predict where the next natural disaster will occur? $100 for natural disasters maybe? The FEMA website is selling $130 policies only to people who are out of the flood plain and have no or minimal risk. Me and others who are actually in the flood plain cannot buy insurance there!
My house was built in 1880. FEMA is doing exactly what I said, hoping, (with their water damage commercial) to get people with minimal and no risk to chip in for this bailout. My neighbors and I could take the thousands of dollars we have paid and will pay and build a flood gate!
Let waterfront high risk people buy private commercial insurance where competition can only alleviate this debacle.!
Submitted by Virtual Newsroom