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Latest Discussions»General Discussion»Mar-a-lago has flood insu...»Reply #7
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General Discussion

In reply to the discussion: Mar-a-lago has flood insurance thru controversial Fed program [View all]

PoliticAverse

(26,366 posts)
7. It doesn't matter how much it covers, what matters is who buys it has their rates subsidized...
Reply to TexasBushwhacker (Reply #6)
Sun Sep 10, 2017, 10:31 PM
Sep 2017

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

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Mar-a-lago has flood insurance thru controversial Fed program [View all] Tanuki Sep 2017 OP
I'm all for helping people but Phoenix61 Sep 2017 #1
Sandy (not a hurricane BTW) resulted in 129,360 NFIP claims Not Ruth Sep 2017 #2
That program is yet another example of the government helping rich people become richer. n/t PoliticAverse Sep 2017 #3
Actually, the NFIP only covers up to $250K for the structure TexasBushwhacker Sep 2017 #6
It doesn't matter how much it covers, what matters is who buys it has their rates subsidized... PoliticAverse Sep 2017 #7
I Don't See How tRump Can "Sign Legislation" Without Congress... JimGinPA Sep 2017 #4
Not that controversial. It covers what my condo insurance does not.what happens with a flood dembotoz Sep 2017 #5
Same here. My rates are low as well. I don't live in a high risk property, but do have two streams Tess49 Sep 2017 #8
Cheap piece of mind dembotoz Sep 2017 #11
I agree. It is peace of mind. n/t Tess49 Sep 2017 #12
Much ado about nothing Roy Rolling Sep 2017 #9
The program should simply be redone to exclude the wealthy like Trump and only to help provide cstanleytech Sep 2017 #10
Latest Discussions»General Discussion»Mar-a-lago has flood insu...»Reply #7
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