The policies available are often limited, and the consumer is not adequately satisfied. HR 21 reflects the hard work of Housing Subcommittee Chairman Rick Lazio, and I am proud to join him in this effort. HR 21 will provide insurance to all Americans threatened by earthquakes, tsunamis, hurricanes and other disasters. Whenever a home sale closed, a premium would be required into the disaster insurance fund. Rates would equitably reflect the property's proximity to a disaster prone area.
Taxpayers demand better.