Insurance helps protect from losses such as accidents, fire or floods
It gives peace of mind that's for sure
The 2015 South Indian floods killed more than 500 people, and were the costliest floods of 2015
How much did they cost?
Good question, I don't have exact numbers but they were among the costliest natural disasters of the year
They get lots of flooding in that area too, they're too poor to really prevent huge losses of life
We had a similar problem in the US with hurricane Katrina, which was one of the 5 deadliest hurricanes in U.S. history
I remember that, it was awful, Louisiana is still recovering