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Started By
Message
re: Flood insurance rate increases
Posted on 3/18/15 at 4:53 pm to stevengtiger
Posted on 3/18/15 at 4:53 pm to stevengtiger
quote:
It's not a tax
It is a tax to people who will never flood. I paid it to live in a place that will literally never flood. FEMA even thought my neighbor who appeared lower than me wouldn't flood.
quote:
If the Federal Flood was not available, I believe flood insurance would be even more expensive through private companies.
People probably wouldn't live in flooding areas and force the taxpayers to pay for it via FEMA and subsidies.
1
Posted on 3/18/15 at 5:25 pm to lsu13lsu
quote:
It is a tax to people who will never flood. I paid it to live in a place that will literally never flood. FEMA even thought my neighbor who appeared lower than me wouldn't flood
While I would never advocate to go without flood insurance, if you are sure you are never going to flood and since it isn't a tax, don't pay it.
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