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re: 7.7 million households in the 7 Cal. counties affected by the flooding, 52K have flood ins
Posted on 2/5/24 at 5:47 pm to stout
Posted on 2/5/24 at 5:47 pm to stout
quote:
Chad sells insurance so of course he wants the Gov to force you to buy more of it.
lol
The angle is to help fix premiums and the broken system. Me getting $30 from a minimum risk flood policy isn’t my motivation.
ETA: the big lobbyists who are against this are the banks. Adding flood premiums into monthly loans makes it harder to qualify many loans are year that are that hard up on qualifying for what they get. Then the banks just get bailed out anyways too.
This post was edited on 2/5/24 at 5:49 pm
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