FEMA’s recent insensitive refusal of individual assistance to Oneida County residents who suffered residential losses is worth discussing.
One of FEMA’s reasons was that “Homeowner Insurance covers such losses.”
FEMA should know that flood damage is only covered by separate flood Insurance, not covered in regular homeowners policies and is not widely available to every property owner, only those is certain “flood plain” areas.
Therefore, I suggest that flood Insurance be offered to every property owner, basing premiums on the assigned risk assigned to each potentially insurable property. Granted many properties will never sustain a flood related loss but at least flood Insurance was available and the property owner has a choice whether or not to purchase the coverage.
— Bob Balick, Rome