Homeowners have a strong financial interest in underestimating the probability of a severe flood I don't know about that. Even if I have flood insurance, it's

Homeowners have a strong financial interest in underestimating the probability of a severe flood I don't know about that. Even if I have flood insurance, it's not clear I'm financially better off by having my house flood. It may be a confluence of "financially not fully liable" and wishful thinking, though.