Changing the way you learn

Question	Answer
3 consequences of the predictability of flooding	1. Adverse Selection 2. due the lack of infrastructure and investment 3. flood mapping in Canada is inadequate
Why is the risk-based premium for flood so expensive?	all properties are affected at the same time, reducing the diversification benefit.
Consequence of the limited insurability of flood risk in Canada	it places the burden on homeowners and taxpayers who are funding disaster relief spending from federal, provincial and municipal governments.

Flood Set 3

	Created by Genevieve Gagnon almost 7 years ago