Natural disasters, particularly floods, have increased in frequency and severity globally, driven by climate change and urban development, with the U.S. experiencing average damages of USD 7.96 billion per year from 1985 to 2014. Recent severe storms in southeastern North Carolina have resulted in significant flooding, prompting local governments to declare states of emergency and assess damage, with efforts underway to restore vital sewer utilities. In Maine, state leaders are considering a public insurance option to protect infrastructure and encourage flood insurance enrollment, as the state has faced repeated federal disaster declarations for severe storms. Economist Charlie Colgan advocates for a public insurance model funded by state bonds to provide a reliable funding source for disaster response and infrastructure resilience. However, challenges remain in increasing private sector flood insurance uptake, as many properties remain uninsured. The proposed insurance could initially cover public entities and potentially extend to private property owners, addressing gaps in current insurance options.