Monday, September 12, 2005

Flood insurance worth price

Northwest Herald - Online: "The government has made flood insurance available to property owners for nearly 40 years, filling a gap left by private carriers.
The program has grown controversial over the years. Critics have argued that it encourages Americans to build on beaches, flood plains and other sites that should not be built on and would not be if the government were not willing to pay when such homes and vacation spots are washed away. "
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