Of course, the irony is that you can get flood insurance, but what's the point if you know the place can't flood?piscator wrote:In that case, they're better off sinking sheetpile and raising the house's pad...
My place is one of the few properties in my neighborhood that can get National Flood Insurance, because 1. I built my house instead of buying an existing home that had already had flood insurance claims and, 2. I made a point of putting my lowest finished floor way above the flood zone.
All the other properties in the 'hood have either filed too many claims, or are in the local flood plain and would have to pay exorbitant rates (read: "Not worth having flood insurance").
It's a bit like me paying pregnancy insurance.