09-13-2017, 08:27 PM
(09-13-2017, 05:30 PM)Belsnickel Wrote: Most of the taxpayer funding will go towards rebuilding infrastructure. The max a homeowner can get from FEMA is, IIRC, about $34k. Most people aren't going to get that, either. Now, NFIP is a bit different, but they don't pay enough to recoup losses, either. https://www.fema.gov/average-claim-payments-date-loss
All in all, I don't get it. I mean, I love the ocean and all, but when people live on places like Dauphin Island I worry about their sanity.
They are going to get what they can from FEMA and others and cash out and either leave the property to the bank or short sale
