Make sure there are insurance companies to insure your homeowner’s risk:

My approach would be to develop a program that would make insurance companies take such risks, or provide a stronger insurance industry-backed pool of funds like the present California Fair Plan.  It now tries to provide an insurer of last resort within California with the Cal Fair Plan.  The insurance companies provide a pool of funds to cover the high-risk consumers who have incurred large losses after a major catastrophic event has occurred.