Quote:
Originally Posted by Mattyk72
Funny how we can fund billions of dollars in a war effort but we've got people still living in trailers 3 years after a national emergency. Something about our gov'ts priorities just doesn't sit right with me. The Fed oversaw an inadequate levee system that they clearly knew was at risk for an epic disaster, and when that disaster strikes some trailers and basic necessities is the satisfactory response for you? Really?
Go get some flood insurance? Apparently there's good reason why some didn't have it or were underinsured.
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So your opinion is that if your bank does not force you to buy the protection then its not needed. If you own a home I hope you did not by a policy that just coveres what the mortgage Co says they require because if you have a loss your in for a big surprise. Also by the fact it was considered a lower risk area would make the flood ins policy run around $300.00 in premium per year.