Those of us who live on the creek, set money aside for calamity. No flood, then it's a savings account for us, not FEMA. Flood and we have the money to replace what's lost.
So if you set aside your Flood Insurance Premiums every year, and a Flood takes out your home 5 years after you start, how much you got to replace your home and your belongings on a $150,000 loss?
$3,500......?
This is why I HATED the Insurance Business. Like trying to explain Relativity to monkeys.
It's...... Too complicated for the average human. About the only people I could talk to about it were Lawyers.
Teachers?? Oh.My.God!
THE dumbest ***** in my whole Book. Absolutely ******* stupid. Not ALL of them, but as a group? Dumber than the migrants I talked to.
goobermint workers were all kinda 'thick'. Not really very bright.
It's just true.
And Journalists. Hated trying to explain things to them. Hated it. I had a shitload of them insured. Dumb as a box of rocks. I shit you not. Tell them something and 5 minutes later they forgot it.