Stunning stat shows how few Helene victims had flood insurance in Appalachia

useapen <[email protected]> Thu, 10 Oct 2024 08:19:30 -0000 (UTC)
Newsgroups alt.business.insurance,alt.talk.weather,alt.appalachian,alt.fan.rush-limbaugh,talk.politics.guns,sac.politics
Organization A noiseless patient Spider
Message-ID <[email protected]>
Less than 1% of family homes in the areas most heavily impacted by 
Hurricane Helene have flood insurance, according to a new report from 
Reuters.

Flood insurance in the U.S. is primarily provided through the National 
Flood Insurance Program, not by private companies. The program was 
designed to cover coastal flooding, however, and it does not apply to 
most areas in Appalachia that were devastated by Helene. As a result, 
just 1 in 200 affected homes are covered by the program.

The NFIP was designed to cover areas threatened with flooding by rising 
water levels, but Helene's inland devastation came instead from 
rainfall. The storm dropped over 14 inches of rain over the course of 
three days, flooding creeks and causing mudslides throughout the 
mountainous terrain.

Delmus Williams, a survivor from the storm, told Fox News on Wednesday 
that the water rose 4 feet inside his home in just a matter of minutes. 
He and his family were ultimately rescued in canoes.

FOX CORPORATION LAUNCHES DONATION DRIVE FOR AMERICAN RED CROSS 
HURRICANE HELENE RELIEF EFFORTS

"My wife and my granddaughter had to be rescued from the back of the 
house," he recalled. "There was a lady next to us by herself, and she 
was standing at the back door. I was trying to tell her there's help on 
the way. They wouldn't let me go over there because the water was so 
deep."

SOUTHEAST IN FULL RECOVERY MODE AFTER DEADLY HURRICANE HELENE SLAMS 
REGION

"As bad as it was for us, I know there's other people that are even 
worse (off) and … we had a neighbor get killed in her house," Williams 
added. "So, we're just thankful we are all alive." 

Dozens of volunteers from Samaritan's Purse helped the Williams family 
gut the remains of their home this week.

"God is good and, you know, we're not hurt, but it's just going to be a 
long, long road back if we can build it back," Williams said.

FLOODING ISOLATES NORTH CAROLINA COMMUNITIES AS HELENE'S DEATH TOLL 
RISES ABOVE 100 ACROSS SOUTHEAST

A preliminary estimate by Moody's Analytics says the fallout from 
Helene could carry an economic cost in the tens of billions of dollars.

At least 106 people have been confirmed dead across Florida, Georgia, 
South Carolina, North Carolina, Virginia and Tennessee after Helene 
made landfall in Florida's Big Bend region as a Category 4 hurricane 
late last week.

The preliminary analysis estimated that Hurricane Helene caused 
property damage in the range of $15 billion to $26 billion, though it 
noted there was more uncertainty in the property damage estimate. 
Economic disruptions caused by school and office closures were 
estimated as costing $5 billion to $8 billion in lost output. That 
brings the total preliminary cost estimate to a range of $20 billion to 
$34 billion.

Conversation

BrandonsNotHereMan
3 October, 2024

We can fund Ukraine, but not the people who pay their tax bill.

DONEWITHDEMOCRATS443
3 October, 2024

NO MONEY in FEMA for tax payers in Hawaii or Helene hurricane.

The Biden-Harris administration took more than a billion tax dollars 
that had been allocated to the agency responsible for American disaster 
relief and used it to offer services for ILLEGAL IMMIGRANTS.

The Federal Emergency Management Agency (FEMA) allocated nearly $364 
million in the fiscal year 2023 and $650 million for the 2024 fiscal 
year to the “Shelter and Services Program” “to provide humanitarian 
services to noncitizen migrants following their release from the 
Department of Homeland Security (DHS),” according to the government’s 
website. 

The program is run in cooperation with U.S. Customs and Border 
Protection (CBP) 

enoughisenough432
3 October, 2024

First, we're all aware that our national debt is $35 trillion plus and 
climbing. The service interest on that debt will be over $1 trillion. 
The middle/lower class families are barely keeping their heads above 
water.

Ergo, taxpayers nor our country can afford to keep bailing people out 
who have no flood insurance year after year, no matter where you live. 
If you don't have the latter, then you have no business buying/renting 
a home or starting a business in a flood prone area.

Be it along the coast, a river, a creek, or a large lake. You want to 
take that risk, then you pay for the loss/damages. Choices have 
financial consequences. Your choice, your problem. Enough is enough. 
Make better living/spending choices!!!!!!!

https://www.foxbusiness.com/fox-news-us/stunning-stat-shows-how-few-
helene-victims-had-flood-insurance-appalachia