These waters went well beyond that. We have no flood insurance. Many flood victims here are shocked to find that homeowners and business insurance policies do not cover flood damage. Most private insurers don't even offer it. It's just too risky.
Floods are the number one natural disaster.
And without insurance, these little trailers may be the best homes people have for quite some time. The hardship of Hurricane Floyd worsens, as thousands of North Carolina flood victims discover their home insurance policies do not cover flood damage. Transcript by Federal Document Clearing House, Inc . All rights reserved. No quotes from the materials contained herein may be used in any media without attribution to ABC News.