there are just risks with too high premiums "
so uncle steps in ...right ?
how ?
let us count the ways uncle is unlike a private insurance compnay
uncle has risky mae for big cats
where did she come from ?
" Governmental disaster insurance schemes didn’t appear magically in a vacuum;
they were created because no one was willing to pay enough money in premiums
to allow insurance companies to properly fund for them,
and as a result the inevitable losses were uncovered."
