Call: 203-637-6655  or email РKyle Shepard

Aerial View of a Flooded Town

Hurricane Matthew devastated a small town in South Carolina called Nichols, pictured above, that sits more than 40 miles from the coastline. At the intersection of 2 rivers, the little town lost 6 churches and 22 business. And of course flood insurance was not part of the coverage plans.

We need a solution for these catastrophes. I propose a government held dedicated disaster trust in which everyone receives coverage for disasters like flood. If the 137 million people filing tax returns includes $10 with their returns, the trust would be funded with $1.37 billion annually into a trust to pay the cost of these unexpected disasters. Global warming is clearly ratcheting up storm frequency and severity, we need to take a new approach to safeguarding assets.

Click here to read about the devastation in Nichols

Tags: , ,

Leave a Comment