what part of barrier island is so difficult to understand? IMO, if you want to build on it go for it but you're on your own for insurance.

"There were 129,360 NFIP claims from superstorm Sandy as of October 2015. The average paid loss was $61,809, compared with 167,970 claims from Katrina, with an average paid loss of $97,140."

http://www.iii.org/fact-statistic/flood-insurance

That is a lot of claims IMHO. Who knew that so many homes could not be insured.

and $100K for personal possessions. Beyond that, people have to get private insurance.

and that is largely upper income people with more expensive homes.

http://www.politico.com/agenda/story/2017/08/08/hidden-subsidy-rich-flood-insurance-000495

And those who chose to live in high risk areas should have to pay premiums large enough to offset the shortfall in the program or it needs to be done away with.

I guess "drain the swamp" just referred to his property after a disaster.

I have what is considered minimal risk so rates are pretty low.
What I do think is controversial is u can pay ur regular insurance for years and the find ur lose not covered

close by. A couple of years ago, and about three blocks north of here, there was so much rain that cars were floating down the street. My house is several feet higher than street level. Every year I try to talk myself out of renewing the policy. Yet, I feel safer keeping it.

I live at a condo project on a man made lake.my unit is right on the lake maybe 4 ft up from lake surface. A whole lot of folks are going to be floating before I do but we have wacky weather now...so I insure.

A building having flood insurance is not a unique situation.

But when he claimed $17 million in hurricane losses 12 years ago, and pocketed some of the money, THAT'S abuse.

insurance for the average person and only if its their primary residence.