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Deal for those in ood prone areas flood insurance

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Unformatted text preview: City, Missouri, in late July 1993 Mississippi (St. Louis) above flood level for more than 1 month Deliberate Levee Breach p. 383 Post 1993 §༊  Federal Government §༊  §༊  §༊  §༊  §༊  Began buying up floodplain land Provided disaster relief funds only if moved out of floodplain Prohibited new structures on flood plains, but many excepQons being made People feel that floodplain regulaQons infringe on personal rights Individual’s choice to build on floodplain can infringe on many other individuals’ rights, and can be extremely costly to public Mi1ga1on via Flood Insurance §༊  §༊  §༊  Na1onal Flood Insurance Program (NFIP) makes insurance available to those living on floodplains, at modest cost Insurance provided by federal government, purchased through private insurance companies Good deal for those in ...
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