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Levees along lower missouri river back 600 m oodplain

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Unformatted text preview: ood- prone areas Flood Insurance Communi1es must designate floodplain zones and enforce regula1ons NFIP §༊  §༊  $20 billion in debt in 2006, premiums not high enough to pay off ParQcipants in 2003 paid only 38% of actuarial risk rates Flood Insurance §༊  Few people even bother to purchase flood insurance §༊  §༊  §༊  §༊  Before 1993 Mississippi River flood, only 5.2% of households in flood hazard area had purchased flood insurance Flood insurance could be required before purchasing property or develop land Insurance funds should be received only when building higher or relo...
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