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Flooded farms in England refused compensation as ‘too far’ from river
(www.theguardian.com)
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Shouldn't it be the inverse? If you build too close to a river and your land floods that's on you.
No, too far from a river and its an act of God which at least in the us is in addition to standard homeowners insurance.
Ed: too close to the river and most insurance companies require a level of flood protection. Most will in fact have maps off coverage areas that require it.
For insurance purposes probably but it’s not that right? Government fund? Still crappy for them.