Because Many Private Insurers Are Reluctant to Provide Coverage in High-Risk

Multiple Choice

Because many private insurers are reluctant to provide coverage in high-risk areas, some states have created ______ _______, which offer subsized coverage to high-risk properties and impose additional fees on all insurance contracts in the state to cover the losses of a major disaster.

A) coastal protections
B) safety nets
C) catastrophic insurance
D) insurance pools