Flood Threats Insurance

Flood Threats Insurance
Gary Mailloux talks about his flood insurance policy outside his north Fargo, N.D. home on Tuesday, March 16, 2010. Mailloux said he views his policy as a cheap investment. Mailloux bought insurance in 2008 and signed up again last September, six months after a frantic sandbagging effort saved his house. "I think it only costs me 12 bucks a month," Mailloux said. "I waste money at a higher rate than that." In North Dakota, fewer than 4,000 residents had flood coverage before last year's disaster. That has more than tripled to over 13,000. (AP Photo/ Jay Pickthorn)