gri-brief-incentivizing-flood-risk-reduction-for-homeowners-an-investigation-of-relocation-and-multiyear-insurance

Surprisingly, nearly 90% While primary risk/loss absorption in this of the risk is attributed to only 10% of the instance would be borne by the municipality, homes in Canada. [...] The high concentration insurers, re-insurers, and mortgage providers of flood risk, along with the inadequacy considering supporting this strategy will and affordability issues of existing policies need to assess the implications for their offered to homeowners, highlights the business lines, including risk management importance of incentivizing risk reduction benefits, return implications, potent. [...] to support their clients and possess a clear and consistent understanding of the Relocation is designed to protect the appropriate guidance to offer them, ensuring homeowner from incurring future losses in that it aligns with their institutions’ internal a context where insurance, either public or strategy and policies. [...] Similar to the better coordination and alignment of the first approach above (relocation), financial responsibilities and powers of municipalities, institutions considering supporting this provinces and the federal government. [...] Permission is hereby granted to reprint the “GRI Brief: Incentivizing Flood Risk Reduction for Homeowners” on the following conditions: the content is not altered or edited in any way and proper attribution of GRI is displayed in any reproduction.