Quote:
Originally Posted by warrior
Lot's of people who own there house there don't have flood insurance due to exorbitant high rates and limited income-retirement
|
The chance of flooding in many areas is higher than people want to face up to and paying the real, actuarial cost (not subsidized) is a shock.
This is also a big issue with fire insurance out west.
Not a lot of easy solutions.
Still don't understand the mortgage thing though.