For decades, we were told certain disasters only happen “once every hundred years.” They don’t. Misguided insurance models, political pressure, and moral hazard convinced millions to build homes in places that should never have been developed. This video exposes how bad math, cheap insurance, and government intervention created an illusion of safety and why the real bill is now coming due.
Chapters:
01:09 Moral Hazard
01:31 The Business of Home Insurance
02:34 It’s a Casino
03:55 Waking Up to the Risk
04:44 The Insurance Companies Get Kicked Out
07:24 Meyerland & The National Flood Insurance Program
09:26 California Burning
12:05 Wealth Transfer
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Producer: Phil Andrews (the guy in the videos and the comments)
Video Editor: Christie Muldoon
Motion Graphics: Seth Laupus
Director of Production Services: Sam Wolf
Thumbnail: Tom Grillo
Franchise Content Producer: Tariq Abdellatif
Chief Content Officer: Devin Emery
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