They do when they need to pay insurance. Every year they defer maintenance is another year that insurance payments increase. This ensures they maintain things.
Of course governments need to require the insurance, but once they do insurance companies are good at figuring out risk. This is much easier for governments to do, than to actually allocate money to do the work when they are the owners. Somehow insurance payments are ignored in government budgeting, probably because they self-insurance and so there is no line item to look at.
Of course governments need to require the insurance, but once they do insurance companies are good at figuring out risk. This is much easier for governments to do, than to actually allocate money to do the work when they are the owners. Somehow insurance payments are ignored in government budgeting, probably because they self-insurance and so there is no line item to look at.