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One of the main reasons flood insurance premiums are rising is because cities are allowing homes to be built in “high risk” areas.

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New Developments are built in planned reservoir’s and floodways.

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The City of Houston knowingly allow these homes to be built in harms way, knowing that the NFIP will just pay to rebuild them.

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The current NFIP policyholders are “subsidizing” the developers to build in high risk areas. This has to stop.

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Congress needs to back FEMA to significantly sanction these towns from risky building in flood plains.

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Read the full story here

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https://www.nytimes.com/interactive/2018/03/22/us/houston-harvey-flooding-reservoir.html 

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