Episode 62 - The Problem with Disaster Insurance

We cannot stop natural processes like earthquakes from occurring, but we can plan to manage them and protect our communities. Having insurance is a form of this community protection: you build funds by withstanding the smaller, more likely events and share the risk for the rarer, worse events. In this episode, Dr. Jones discusses the flaws in our current disaster insurance system and how a federal natural hazards insurance program could protect us from the natural disasters we all face.