This area along the Monongahela River seven miles east of Pittsburgh used to be known as “Victory Valley” for turning out the steel used in American battleships — but it’s hard to believe it would be a target of a terrorist attack now. The mills are gone and many of the people have left. The biggest thing in Homestead these days is a huge shopping center. But Steel Valley School District officials — believing it is better to be safe than sorry — recently bought terrorism insurance, answering for themselves a question districts nationwide are facing: Can they afford not to be covered? “A threat or a target? No, I can’t think of anything here,” said Janice Glunk, superintendent of the 2,300-student district. “But you never know with how crazy the world is.” Under a federal law passed in November, insurance companies are required to offer their policyholders coverage for terrorist attacks — coverage many already had but never thought about before Sept. 11, 2001. Full Story