this post was submitted on 10 Dec 2025
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[–] Fredthefishlord@lemmy.blahaj.zone 0 points 2 months ago (2 children)

Home insurance should absolutely NOT be government wrong. That's just government sponsored building in flood zones at that point

[–] T00l_shed@lemmy.world 11 points 2 months ago

I mean they can stop allowing building in flood zones. Home insurance should not be for profit

[–] cymbal_king@lemmy.world 1 points 2 months ago (1 children)

Flood insurance largely is only government run, it's far too costly for private companies. The flood insurance program started paying for people to not rebuild

And it's a great example of an incredibly stupid and wasteful government program.