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One of the factors that determines cost of Homeowners insurance is location. Many areas of our...

One of the factors that determines cost of Homeowners insurance is location. Many areas of our country are exposed to severe weather, such as hurricanes, tornadoes, etc. Should the governments in those areas increase their responsibility for helping those that suffer from severe weather losses? Explain why, or why not.

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In my view the government should increase their responsibility for helping the people who suffer from extreme losses due to hostile weather. The government has various funds which have been set up for this purpose. Also these are circumstances that are beyond the control of the public and hence it is the duty of the government to provide assistance to them.

Although it does imply a lot of burden on the exchequer the government should keep funds aside since they are aware that These areas are exposed to severe weather conditions and huge losses can occur.

jeff jeffy answered 2 years ago
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