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Originally Posted by kutulu
Call me a socialist but I think it's past the time for the govt to become the insurance provider. We've come to a point in time where insurance is a basic need for all people.
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I'm sure someone will have more facts than I, but this is very short-sighted thinking. From what I understand, the fed does offer cheap flood insurance in certain flood-prone areas, and lots of assistance after a disaster. What this means is that people build *more* houses in disaster prone areas, because the govt is taking on so much burden of the risk.