1. Global strategies
  2. Insuring against weather damage

Insuring against weather damage

Description

Insuring against weather damage involves securing financial protection through insurance policies that cover losses caused by extreme weather events such as storms, floods, or droughts. This strategy enables individuals, businesses, and communities to recover more quickly from weather-related disasters by providing compensation for damages. It mitigates economic hardship, encourages risk assessment and preparedness, and supports resilience by ensuring that resources are available for repair, rebuilding, and continuity of essential services after adverse weather incidents.This information has been generated by artificial intelligence.

Broader

Facilitated by

Problem

Value

Damage
Yet to rate

SDG

Sustainable Development Goal #13: Climate ActionSustainable Development Goal #15: Life on Land

Metadata

Database
Global strategies
Type
(D) Detailed strategies
Subject
Content quality
Yet to rate
 Yet to rate
Language
English
1A4N
V5009
DOCID
13250090
D7NID
204887
Editing link
Official link
Last update
Dec 3, 2024