Item19 5points Time Remaining 2 hours 43 minutes 34 seconds 02:43:34 Item 19 Time Remaining 2 hours 43 minutes 34 seconds 02:43:34 (Consider This) When the government subsidizes property insurance premiums, Multiple Choice taxpayers must pay for damages and reconstrucion costs in the event of a flood or fire. All of these choices are correct. households decide to build in floodplains rather than on higher ground. the cost of the insurance is artificially low.