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re: National Flood Insurance Program set to expire in 2 weeks

Posted on 7/20/18 at 6:40 pm to
Posted by CarrolltonTiger
New Orleans
Member since Aug 2005
50291 posts
Posted on 7/20/18 at 6:40 pm to
quote:

Move out of a flood zone and stop relying on government bailout.


Great plan.

How are you suppose to sell your house in the flood zone to move out if there is no flood insurance for a new buyer to get a mortgage?

Posted by JustSmokin
Member since Sep 2007
9151 posts
Posted on 7/20/18 at 6:45 pm to
quote:

It's not a government bailout if you are paying for the insurance.


Clearly not paying enough premium. The program is $25 billion in debt to taxpayers. Just another poorly run government program.
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