Here’s how this works: No one living close to a shoreline or river can get flood insurance because most large insurance companies won’t offer it: the incidence of flooding is too common and affects too many houses at once to be profitable without ludicrous rates that no one will purchase.
So the National Flood Insurance Program (NFIP) was created by the US Government to provide flood insurance to coastal communities and people living along rivers prone to flooding. The idea is that the premiums would cover the costs over the long run, and that the US Government wouldn’t go bankrupt after a major incident like a hurricane.
However, due to the major increase in massive flooding recently, NFIP – which was solvent until 2004 – is currently $25 Billion in the red.
So yeah, the guy’s insurance doesn’t cover flooding; it never did. His actual insurer is ultimately named “Donald Trump”, who I’m sure is good for the money.
I need to stop comparing Donnie to a child because that is, as Alexandra Petri points out, a slur on children.
“This is a tough hurricane,” he said. “One of the wettest we’ve ever seen from the standpoint of water.”
He is a cartoon character. On a daily basis, the President of the United States says things that a cartoon character would say. I feel zero need to watch the actual cartoon that makes this same point, because why go to the effort of hunting down a TV show when this stuff just bubbles up into the news feed seven days a week?
This. Trump knows that he may become the first sitting president to face indictments, and getting Kavanaugh onto the bench is a life or death thing for him.
