a broken and disjointed property insurance system

I came across an excellent article that addresses many, not all, of the issues that Hurricane Helene is bringing to light. Check out this Wired story, Hurricane Helene Shows How Broken the US Insurance System Is

Previously I blogged about how this disaster might be the one that will bring about policy changes. It would be great if those “policy changes” also impacted “insurance policies” and the right to truth-in-lending and in selling homes. What are the risks for this particular plot of land/home? See a related blog post from earlier: Helene--only a tiny fraction of homes in hill country had flood insurance

I do know that Congress does not like to put the burden of risks on the people “taking the risk!”  I would tell my own, now adult children, “You make the choices—I’ll provide the consequences!”  But then, no one wants to be held accountable for their actions.

What for that “all hazards” federally backed insurance policy that will put a real dent in the federal budget if enacted. Then we can all do what we want and no one has to pay for it.  Or, so it would seem to those getting the break for insurance premiums that do not cover the full extent of their risks, aka the current status of the National Flood Insurance Program (NFIP)