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Old October 25th 03, 01:34 AM
Chad Irby
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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.

--
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Slam on brakes accordingly.