v interesting, from another article: > The insurance must be bought by homeowners with federally-backed mortgages living in the most vulnerable areas, called S

v interesting, from another article: > The insurance must be bought by homeowners with federally-backed mortgages living in the most vulnerable areas, called Special Flood Hazard Zones. ... People in those areas and near them have complained for years that the premiums are too high, though they would be much higher still if not subsidized by the federal government. So on one hand the subsidies were way too much, on the other hand it's still not enough for more (than a handful of) people to afford it. [1] https://www.cnbc.com/2017/08/30/about-80-percent-of-hurricane-harvey-victims-do-not-have-flood-insurance-face-big-bills.html https://www.cnbc.com/2017/08/30/about-80-percent-of-hurrican...