GEOLOGY140 Who Should Bear the Cost of Flood Insurance Response Paper 12 Please answer the following questions after you go through the uploaded files and

GEOLOGY140 Who Should Bear the Cost of Flood Insurance Response Paper 12 Please answer the following questions after you go through the uploaded files and have clear idea of the requirement (Rubric). who should bear the cost of flood insurance? Should it be a private insurance market with
high premiums, and individuals will just be out of luck in case of a flood if they could not afford
the insurance? Or should the cost of the Natomas homeowners’ insurance be partially paid by
all taxpayers – even by those folks wise enough to live well above the floodplain? Geology 140 (Geology + Environment), Spring 2019
Response Paper #12 – Floods (Updated April 23, 2019)
The National Flood Insurance Program (NFIP) is a government-subsidized program available to
anyone who wants flood insurance, but required for anyone who has a federally-insured
mortgage – which is most middle class home owners. The original goal of the program was to
reduce losses from floods, but since the program began flood losses have instead continually
increased. This is largely because many more people now live in areas vulnerable to flooding,
in part because the NFIP reduces the financial risk to the individual of living in a flood zone.
Here are two contrasting looks at flood insurance:
John Stossel, https://www.youtube.com/watch?v=SJKv2iyBCIc
Tamara Keith, NPR http://www.npr.org/templates/story/story.php?storyId=7513889
In addition, here are four additional articles concerning Natomas, flooding in the
Sacramento area, and implementing more stringent flood standards nationwide.
Natomas Flood Rates to Stop Going Up, Sacramento Bee, February 11, 2016
http://www.sacbee.com/news/nation-world/national/article59883566.html
Think Harvey-like Flooding Couldn’t Happen to Sacramento? Think again.
Sacramento Bee, August 30, 2017
http://www.sacbee.com/news/state/california/water-and-drought/article170234577.html
U.S. Cities Struggle to Meet Tighter Flood Standards, NPR, October 2, 2017
https://www.npr.org/2017/10/02/554994446/flood-prone-communities-struggle-to-meet-postkatrina-standards
Natomas Bounces Back in a Big Way After Flood Moratorium, Sacramento Bee,
January 13, 2018
https://www.sacbee.com/news/business/real-estate-news/article194597159.html
Natomas, just north of downtown Sacramento, was developed before the full risk of flooding
was recognized. In general, this is an area of low home prices and moderate incomes, and
spending $300 per year for flood insurance has many residents concerned. Yet John Stossel
argues that the unsubsidized coast of that insurance should be in the thousands of dollars – well
out of the reach of many Natomas homeowners.
So who should bear the cost of flood insurance? Should it be a private insurance market with
high premiums, and individuals will just be out of luck in case of a flood if they could not afford
the insurance? Or should the cost of the Natomas homeowners’ insurance be partially paid by
all taxpayers – even by those folks wise enough to live well above the floodplain?
Your 500±25 word paper should:
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Read each of the articles above.
Describe your proposal for how flood insurance should work.
Provide at least two arguments for your position.
Illustrate each argument with at least one example or explanation.
Organize your paper in clear, concise points separated into paragraphs.
If quoting statements from articles, use APA format for citing in paper.
Geology 140 (Geology + Environment)
Response Paper Rubric – Version 1
Spring 2019
Student Name
Signature
Total Score
/50
Student’s Response Paper will be graded based on this rubric, in addition to whether or not directions and prompt was fully addressed (out of a score of 10).
Category
General
Paragraphs
Body
Organization and
Structural
Development of Thesis
Statement
Exceeds Standards (5)
Meets Standards (4)
Nearly Meets
Standards (3)
Does Not Meet
Standards (2)
No Evidence (0)
? Name, Date, and Response Paper Topic (i.e., Volcanoes)
? 500 ± 25 words
? Times Roman, 12 pt. font
? 1 inch margins
? Double spaced
? Capitalize proper nouns
? Numbers 0-9 spelled out; numbers higher than 10 numerical
? APA or GSA format followed
Under each Heading/Subheading, paragraphs are indented and
organized in 3-6 sentence paragraphs.
All prompts (questions) fully answered.
Evidence of 7
Evidence of 6
Evidence of 5
Evidence of 4 or
absent
Sentence Structure
and Word Usage
Paragraphs incorrect
length, no indented.
Each section and
paragraph lacks
supporting detail
sentences.
Not applicable.
Not applicable.
Each section and
paragraph fails to
develop the main
idea.
Not applicable.
Writer demonstrates logical and subtle sequencing of ideas
through well-developed paragraphs; transitions are used to
enhance organization.
Section and paragraph
development present but
not perfected.
Logical organization;
organization of ideas
not fully developed.
No evidence of
structure or
organization.
Not applicable.
The conclusion is engaging and summarizes the key points of
the Response Paper. Sound opinion(s) or recommendation(s)
provided.
The conclusion restates
the thesis and summarizes
the Term Paper.
Recommendation(s)
provided.
The conclusion does
not adequately restate
the thesis orsummarize
the Term Paper.
Recommendation(s)
provided.
Absent
/5
Spell and grammar check run; corrections made based on spell
Spell and grammar check
and grammar check. No errors in punctuation, capitalization and run. Minor errors in
spelling.
punctuation, capitalization
and spelling. Mostly
follows APA or GSA
guidelines.
Spell and grammar
check run. Major errors
in punctuation,
capitalization and
spelling. Does not
follows APA or GSA
guidelines.
Many errors in
sentence structure and
word usage.
The conclusion does
not adequately
restate the thesis or
summarize the Term
Paper. No
recommendation(s)
provided.
Numerous, distracting
errors in punctuation,
capitalization and
spelling.
Does not follow APA
or GSA guidelines
Not applicable.
/5
Not applicable.
/5
Each section and paragraph has thoughtful supporting detailed
sentences that develop the main idea.
No errors sentence structure and word usage.
No more than one 20-word quote with proper citation for 500
word Response Paper. Paraphrasing accurate with proper
citations.
Quote(s)/Paraphrasing
/5
Paragraphs correct length,
but are not indented.
Each section and
paragraph has sufficient
supporting detail
sentences that develop
the main idea.
Conclusion
Mechanics
Score
Almost no errors in
sentence structure and
word usage.
Numerous and
distracting errors in
sentence structure
and word usage
One or more 10-word quotes One or more 10+-word
One or more 10+-word
with proper citations for 500 quotes with correct
quotes with incorrect
word Response Paper.
citations for Response
citations for Response
Paraphrasing accurate with Paper with 500 words.
Paper with less than 500
proper citations.
Paraphrasing accurate with words. Paraphrasing
correct citations.
inaccurate with incorrect
citations.
/5
/5
/5
One or more 10+-word
quotes with incorrect
citations for Response
Paper with less than
500 words. No
paraphrasing.
/5

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