In article ,
Stephen Harding wrote:
Check out the National Flood Insurance Program (Fed Gov't).
Basically they extend insurance to people living in uninsurable
locations like flood plains of major rivers (e.g. Miss/Mo Rivers)
or barrier islands.
Without the program, businesses and housing wouldn't be built there
because of the high insurance costs.
And yes, it's a losing effort. Mother Nature is relentless.
They've gotten smarter about it, though. In a lot of places, you can
insure *once* in a given area, and will only be given the money if you
never build anything there again.
Quite a few city parks being created by this.
--
cirby at cfl.rr.com
Remember: Objects in rearview mirror may be hallucinations.
Slam on brakes accordingly.
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