Disaster Coverage is a Disaster for Most
Many – if not most – homeowners aren’t prepared for a flood, tornado or other natural disaster. And neither, apparently, are their insurance companies.
Many – if not most – homeowners aren’t prepared for a flood, tornado or other natural disaster. And neither, apparently, are their insurance companies.
As a behavioral economist who studies the psychology of decision-making, I believe there’s a better way for policymakers to achieve the same goal of getting people to avoid building in disaster-prone areas without forcing people from their homes.