Brought to mind by the flood quesion, why would anyone cancel their flood insurance to save the $800 a year cost, incur $40,000 of damage from a flood, and then not get flood insurance?
Asked by Adirondackwannabe (36424 ) April 17th, 2014
Welcome to my family. My stepfather has camp 30 feet from a major river. They got flooded out. They fixed it back up. And still don’t have insurance. Why would anyone be that tight to take that chance?
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