Why might premiums for home insurance for those houses that have been flooded and remain at risk

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Why might premiums for home insurance for those houses that have been flooded and remain at risk of flooding rise? Which factors have caused this change? Is there a role for the government to intervene in this market?

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Related Book For  answer-question

Essential Economics For Business

ISBN: 9781292728940

7th Edition

Authors: John Sloman, Elizabeth Jones

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