Insuring Public Buildings, Contents, Vehicles, and Equipment Against Disasters: Current Practices of State and Local Government and Options for Closing the Insurance Gap

Researchers worked to improve the understanding of state and local financial risk management practices and the role that the Federal Emergency Management Agency’s Public Assistance program plays in them. They also examined several approaches for state and local governments to increase insurance coverage and the trade-offs associated with those approaches. This report documents the authors’ methods, findings, and recommendations.