AOM 4- Insurance

       I think what we can all take away from this is don't live in Louisiana. But there are other things that could be learned about insurance and housing as well. Being Houstonians, we can easily relate to the dangers of hurricanes and needing flood insurance. My own house was built more than 5 ft higher than it needed to be, just to avoid it being flooded. Because almost 95% of homes were flooded in Hurricane Katrina, insurance companies are more than cautious about insuring these homes. They might have better luck selling flood insurance to people living in Colorado.
       One thing that I took away from this is that it's very important to do research before you decide to buy or rent a house/apartment. Houston is a great example of this because we live in a large flood plain. I think it's pretty common for realtors to leave out information about the houses they sell pertaining to flooding and past disaster events. Especially in Houston, I've heard that new homebuyers should look at maps of what flooded in the past floods to be sure that they are making a good decision.
       In conclusion, it's a bad idea to live in a major flood zone!

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