As anyone can plainly see, this "one week" extension of the National Flood Insurance Program is a waste of time. The fact that our government actually even began to "offer" FLOOD INSURANCE is, in itself, a testament to the LOBBY POWER of the Insurance "industry." Insurance companies have increasingly put themselves in a position to make massive profits. The insurance "game" is, in fact, the same as gambling. The insurer is "gambling" that what they insure will remain unaffected and that they will not need to "pay out" on a claim. Thus allowing them to collect the premiums, which then become pure profit. If you have a mortgage or a car loan you MUST have insurance. The bank wants their "loan" covered if your property is damaged or becomes a total loss. However, the Insurance "gamble" goes one way. While you think you are fully "protected" against any loss, there are deductibles and other "limitations" on your policy. This is designed to limit the liability of the insurance company. Increasing the "odds" in favor of the insurer that they will not have to pay on your claim. While the insurance companies will pay for most damage that occurred due to no fault of your own, they will not pay for flooding that you had nothing to do with. In fact they won't even insure you for flood damage. Simply because floods cause a majority of the damage to homes and property. More than any other form of damage. So the insurance companies won't bother to "roll the dice" when it comes to flood insurance. Instead, they'll leave it up to the government to get in the "game." All in an effort to keep more money in game that is already stacked against you. Of course, the "politicians" continue to allow this because they get a portion of the "winnings" via campaign "contributions," kick backs and other "perks." So, rather than our "legislators" requiring that insurance companies offer flood insurance as part of any insurance policy, they instead form a costly and mismanaged "program." Wherein the TAXPAYER is forced to "get into a game" they will never win or profit from. Simply put, the taxpayer, in this case, is the Casino owner who pays out whether the insurance company wins or loses at the table.