Hurricane Ian Watch

[FlaChief58]

Originally Posted by Chief Pagan

The part I'm confused about, is how can half of the people in the flood zone not have insurance? I would think their mortgage would require it?

And what happens to the two thirds not in the flood zone who got catastrophically flooded anyway? And owed a huge mortgage and no longer have a house.

They just declare bankruptcy?

I've never lived in a flood zone, but have talked to people who do. Most are willing to roll the dice and pray they never have a problem. Also, it's really hard and expensive to get flood insurance if you're in a flood zone.
I'm not sure if mortgage companies require flood insurance though