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GEOLOGY140 Who Should Bear the Cost of Flood Insurance Response Paper 12

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who should bear the cost of flood insurance? Should it be a private insurance market with high premiums, and individuals will just be out of luck in case of a flood if they could not afford the insurance? Or should the cost of the Natomas homeowners’ insurance be partially paid by all taxpayers – even by those folks wise enough to live well above the floodplain?

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GEOLOGY140 Who Should Bear the Cost of Flood Insurance Response Paper 12

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