Oh wow, I live next to the ocean, so maybe I need flood insurance???
Flood insurance does not cost that much.
One of my problems with giving this money is a lot of the pictures of damaged houses are on the Jersey shore. First you had to be rich to afford to buy or build a house on shorefront property, then you are rich so if you did not have the money for flood insurance go to hell. Did I mention, you must be rich to own shorefront property???
My heart goes out to those people who had all their houses burn down. However they should have had insurance. That is what FEMA is for. Dont expect the federal government to pay you 100% of your property value either. Just remember how things went in the flood of 93! Did the federal goverment give illinois 60 billion? I dont really know, but I dont remember that.
This is not any different than those idiots who just have to live along the Mississippi River. It floods once in a while so either move or shut up.