I have an idea: there should be “eminent domain insurance!” We have insurance for just about everything; how is it possible that we don’t have insurance to protect the largest investment that most people make in their entire lives?
Indeed, not only should there be eminent domain insurance — it should be mandatory, and it should be administered by State and Federal agencies (the same agencies that are screwing you by eminent domain). At least it might provide some protection.
If there had been eminent domain insurance, I would have bought it. I read that in California, where eminent domain takings seem to be out of control, some private companies are starting to offer it . . . .
Eminent domain insurance could also be used to compensate businesses and families living in the vicinity of condemned properties, and whose properties have been de-valued because of proposed construction projects. If Mayor Bloomberg can ban sugary drinks to protect public health, it seems to me that there should be better public protection for property owners victimized by large public construction projects.
Maybe I need to start a petition . . . .
Eminent Domain Sucks 
Eminent domain insurance should be available everywhere and subsidized by the federal
government. In a democracy the people need tools to fight the state when their rights
are attacked. Protecting your home from condemnation is essential. This could happen
to anyone.