Get bailed out, but only once:
"Gatineau, Quebec, experienced two 100-year floods within three years. The provincial government required owners of heavily damaged homes who received relief money to either leave the flood zone or, if they chose to rebuild, relinquish claim to any public relief funds for themselves and future owners.
Homeowners across Canada have been put on notice that anyone rebuilding in dangerous flood zones may lose out on relief funds."
This piece has some actionable and practical advice, starting from before you buy the home:
"The [#HomeInsurance] market is opaque and confusing. But there are ways to find plans that protect your home and safeguard your future amid intensifying #ClimateRisk.
It’s a new insurance world out there. Here’s a road map."
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