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Fire and flood zones can be delineated.
In a totally unregulated market they would just tell large areas to **** off.
our house is enrolled in the nat'l flood insurance program . I've been reading a bunch of stories this past week that have me researching how to mitigate needing to hold the insurance :
Conflicting federal policies may cost residents more on flood insurance, and leave them at risk
An Associated Press review has found that thousands of people may be paying more for flood insurance or remain unaware of the dangers of dam failures because of conflicting federal policies.
apnews.com