I just finished payin a $917.00 bill for Flood Insurance. I've had the policy since 1978. I've never had a claim. But I'm in a flood zone, so I have the insurance. I also have a homeowner's policy. I don't really mind having two policies. I'm fortunate to be able to afford them. That said, I must be out of my mind to be paying that kind of money when I could just sue my homeowner's company! What the #ell was I thinking? Bottom line - homeowner's insurance doesn't cover flood damage. Never has. Live with it.
Now you know what our tax dollars have been used for, then and now, to assist those in control of the big money.
Flood insurance coverage should be tax deductible!!