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Political Factoid
Republican 2012 Presidential candidate
Ron Paul advocated the elimination
of national flood insurance.*
He said people can take care of
themselves.
- Flooding is not covered by standard
homeowners (nor renters) insurance
from private (for-profit) insurance
companies.
- 90% of natural disasters involve flooding.
- 70% of the population lives in flood zones.
- "Flooding" often occurs in areas not
designated as being flood-prone.
- There were 38 major floods in the first
six months of 2011.
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National Flood Insurance Program (NFIP)
which is government subsidized by
the American taxpayers and administered
by the Federal Emergency Management
Agency (FEMA)
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