I don't have huge sympathy for the guy they talk to in the article. Somebody that owns a house in a disaster prone area and doesn't have the insurance to cover it is not exactly a poster child for fiscal soundness. But yes, a lot of people are going to end up getting screwed over this.

My real worries go to people that are hit by truely unexpected bills, such as medical, and people that get screwed over by finance rules that let companies tack fees onto the debt before collecting.

Jay