Insurance companies cannot credibly cover acts of god, aka correlated risks, because they happen to too many people all at once. It&#x27;s not a simple matter of &quot;fixing&quot; insurance for those matters.<p>NPR&#x27;s Planet Money had a good discussion: <a href="http:&#x2F;&#x2F;www.npr.org&#x2F;sections&#x2F;money&#x2F;2014&#x2F;10&#x2F;03&#x2F;353030214&#x2F;bedbugs-lava-and-bowling-balls-inside-my-homeowners-insurance-policy" rel="nofollow">http:&#x2F;&#x2F;www.npr.org&#x2F;sections&#x2F;money&#x2F;2014&#x2F;10&#x2F;03&#x2F;353030214&#x2F;bedbu...</a>