Lesson learned: More buy flood insurance after ’09 (AP) - United States Travel

Lesson learned: More buy flood insurance after ’09 (AP)

Christopher

Lesson learned: More buy flood insurance after ’09
(AP)

Gary Mailloux removes a pump from the pool outside his north Fargo, N.D. home on Tuesday, March 16, 2010. Mailloux said he views his policy as a cheap investment. Mailloux bought insurance in 2008 and signed up again last September, six months after a frantic sandbagging effort saved his house. 'I think it only costs me 12 bucks a month,' Mailloux said. 'I waste money at a higher rate than that.' In North Dakota, fewer than 4,000 residents had flood coverage before last year's disaster. That has more than tripled to over 13,000. (AP Photo/Jay Pickthorn)AP – When the swollen Red River threatened his uninsured house last spring, all Mark Baumgardner could do was pack up, leave and hope he wouldn’t lose everything.

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