(Consider This) Without government subsidized property insurance, people are more likely to be
cognizant of the risks of building and living in ﬁre-prone or ﬂood-prone areas because their insurance
costs will be higher.

Question

Quizplus · Accepted Answer

Without government subsidized property insurance, individuals and businesses would have to bear the full cost of their insurance, including any increased risk associated with building and living in high-risk areas. As a result, they would likely be more aware of the risks and take steps to reduce those risks or face higher insurance costs.

(Consider This) Without Government Subsidized Property Insurance, People Are More