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NFIP Video - Part 4 of 4

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Uploaded on Apr 30, 2009

http://wheatfield-united.us

Wheatfield United, with help from Wheatfield Town Supervisor Hon. Timothy Demler, NY State Senator George D. Maziarz, NY Senator Charles E. Schumer, and other elected officials, stands up against recent changes in FEMA Flood plain mappings which would force homeowners to purchase expensive flood insurance

The following is a quote by Gilbert F. White who has also been quoted by Barney Frank

"A flood insurance program is a tool that should be used expertly or not at all. Correctly applied, it could promote wise use of flood plains. Incorrectly applied, it could exacerbate the whole problem of flood losses. For the Federal Government to subsidize low premium disaster insurance or provide insurance in which premiums are not proportionate to risk would be to invite economic waste of great magnitude."

http://wheatfield-united.us

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