Experts suggested that more data and education are needed as Texas and the rest of the country build in known flood plains.
If there is a acknowledgement that what you are building is in a natural flood zone, why not build according to the environmental conditions of the area?
There must be homes designs that don’t look like the typical “American dream” single family home.
Something on stilts comes to mind.
If lenders require insurance, and insurers won’t cover it, shouldn’t it stop happening anyway?
The problem there is that the national flood insurance program heavily subsidizes flood insurance and artificially drives down the cost of living in a flood zone.
Depends where your “flood zone” is… If your coastal you get heavy subsidies, if your inland (barring being near some large rivers and lakes) you are subsidizing the coast.
I have to pay flood insurance for a dry brook that hasn’t flooded in its history. It costs over $1,200 a year for my 160k house. If I could get private flood insurance the cost would be 2 to 300, possibly even less.
Good, detailed article. Very informative.
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You’re being a tool. Stop it.
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