Why? The federal National Flood Insurance Program has been underwater (pun intended) since 2005 when Hurricane Katrina called for big bucks to rebuild in flood prone area. Then Superstorm Sandy one year ago brought about a huge rebuilding program in New Jersey and New York. The program is now $24 billion in debt to the U.S. Treasury. So Congress raised the flood insurance rates for about 280,000 policy holders last year--many of them in Virginia.
Noah did it, but it is a tough decision to retreat from rising waters, and not rebuild. But why should all of us foot the bill for those who were allowed to build a home in low lying areas? I live only 12 feet above normal high tide and 4 feet above the 100 year flood line, so I am not saying this lightly. But pumping sand onto shrinking shorelines is only a temporary fix. Mother Nature will realign our shorelines over the coming decades.