No longer being able to live on waterfront property because flood insurance has increased too vastly in rate: first.world.problems.The flood insurance problem doesn't involve only waterfront property. A friend of mine lives 5.6 miles from the beach, yet she pays $287 per month for flood insurance. I live the exact same distance from the beach, but my house is (est.) 50 feet higher elevation, so flood insurance isn't required.
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