Alice lives in a house on the bank of a river. In the last 10 years, the river has flooded the surrounding areas six times, leaving Alice’s house partially damaged. As Alice lives in a flood-prone area, no insurance is available to her. While most insurance companies have excluded this area from their policies, the few insurance companies that have offered her an insurance policy demand very high premiums. Identify and explain three noninsurance options that Alice can avail of to deal with flood exposure to her property.