Thanks to Dwight Merriam for forwarding this item, a story that an insurance underwriter is planning to offer — get this — eminent domain insurance:
For less than $300 per year, the policy provides up to $200,000loss of market value when the home is sold, plus up to $50,000 torelieve the expense of moving as a result of eminent domain, [Jeffrey Ward, chief executiveofficer of The Ward Group] says.
Full story here. It’s kind of strange, buying insurance for when the government fails to live up to its constitutional and statutory obligations to pay just compensation and provide relocation assistance. But it beats Old Glory’s robot insurance, I guess.