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National Flood Insurance Program set to expire in 2 weeks
Posted on 7/20/18 at 2:14 pm
Posted on 7/20/18 at 2:14 pm
How big of a deal is this? What happens to those of us in flood zones if this expires? Seems like a big deal but not much news coverage.
11
Posted on 7/20/18 at 2:15 pm to LSUsmartass
This happens all the time.
Posted on 7/20/18 at 2:16 pm to Chad504boy
Really? Is it an annual thing?
Posted on 7/20/18 at 2:16 pm to LSUsmartass
Not nearly as important as Trump literally handing over the reins of government to Putin
Posted on 7/20/18 at 2:16 pm to LSUsmartass
The article says it expires for people purchasing houses after the expiration. It would greatly mess with people in the home buying process(that's in a flood zone).
Posted on 7/20/18 at 2:18 pm to LSUsmartass
Move out of a flood zone and stop relying on government bailout.
This post was edited on 7/20/18 at 2:18 pm
Posted on 7/20/18 at 2:18 pm to TheAstroTiger
So it won't affect current homeowners with flood policies? Even when it comes time for renewal?
Posted on 7/20/18 at 2:18 pm to LSUsmartass
I thought it was extended through Jan 2019?
Posted on 7/20/18 at 2:18 pm to TheAstroTiger
quote:
It would greatly mess with people in the home buying process(that's in a flood zone).
They could just, you know, not buy a house in a flood zone. Pretty basic principle imo. The federal government doesn’t need to be subsidizing poor decision making anyways
This post was edited on 7/20/18 at 2:19 pm
Posted on 7/20/18 at 2:19 pm to LSUsmartass
quote:
Really? Is it an annual thing?
it's included in the national budget every time they having to negotiate this and that... the politicians in the northeast and north act like they never flood and flooding is a southern and coastal problem to deal with... they think private flood insurance would cure the world and they are about as far wrong as thinking hillary would have made a great president.
Posted on 7/20/18 at 2:20 pm to Sao
quote:I don't live in a flood zone and neither did 50% of the people who flooded in 2016
Move out of a flood zone and stop relying on government bailout
Posted on 7/20/18 at 2:20 pm to TheAstroTiger
Every house is in a flood zone, technically.
This post was edited on 7/20/18 at 2:37 pm
Posted on 7/20/18 at 2:20 pm to Sao
quote:
Move out of a flood zone and stop relying on government bailout.
but how will i get that NOLA culcha living north of I-12?
Posted on 7/20/18 at 2:20 pm to ILeaveAtHalftime
quote:
not buy a house in a flood zone. Pretty basic principle imo. The federal government doesn’t need to be subsidizing poor decision making anyways
you do know a) all homes are in a flood zone... but getting past that, b) homes in preferred zones flood all the time and some mortgage companies require flood no matter what. c) i wouldn't buy a house period without flood protection available.
This post was edited on 7/20/18 at 2:22 pm
Posted on 7/20/18 at 2:22 pm to Sao
quote:The people outside of flood zones who flood due to disaster get bailed out by FEMA anyway. So... way to look ignorant I suppose.
Move out of a flood zone and stop relying on government bailout.
Posted on 7/20/18 at 2:22 pm to ILeaveAtHalftime
quote:
They could just, you know, not buy a house in a flood zone. Pretty basic principle imo. The federal government doesn’t need to be subsidizing poor decision making anyways
So just let all the houses in flood zones rot?
Posted on 7/20/18 at 2:22 pm to Chad504boy
quote:
a) all homes are in a flood zone.
and a) 100 year, 500 year, 100000 year flood zones baw some are different than others
Posted on 7/20/18 at 2:22 pm to ForeverLSU02
quote:
I don't live in a flood zone and neither did 50% of the people who flooded in 2016
Posted on 7/20/18 at 2:23 pm to DirtyMikeandtheBoys
quote:
and a) 100 year, 500 year, 100000 year flood zones baw some are different than others
different how? you saying they all going to flood, its just a matter of when?
Posted on 7/20/18 at 2:23 pm to ForeverLSU02
quote:
neither did 50% of the people who flooded in 2016
Sooo... I'm speaking to 50% of people? That's my point. They were warned.
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