They'll never leave you alone
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I highly doubt that it has much to do with quality of home builds. Even if Swedish homes were built a million times better, they would conversely be more expensive to replace when one does topple, so it would roughly balance out.
I'm sure we're being ripped off a little, but I'm also confident $50/year is wickedly, unsustainably cheap if the coverage is the same as what we get in America.
In America, your home owner's insurance covers your house and all of your possessions against... pretty much anything. It also covers a lot of lawsuits you may face in America, like if someone gets hurt on your property.
I'd say this would be the main difference. Property owners are not as responsible for visitors health. Especially not in residential properties were it's barely nothing. Commercial properties may buy additional insurance for force majeure type situations, i.e if a building collapse or if there's a fire and it kills a bunch of people, tho that one's cheap too as such incidents are rare.
We do get some slippin' Jimmy type of accidents during winter if a property owner forgot to sand in time, but as our healthcare it fully tax funded it never becomes million dollar lawsuits, just a few hundred bucks in compensation in some cases, which most property owners pay out of pocket.
> but I'm also confident $50/year is wickedly, unsustainably cheap if the coverage is the same as what we get in America.
It is cheap, but let's do the math. We have maybe 4M residential properties nationwide, majority of them being single family homes. That's $200M/yr income for the insurance companies. Lets say their operational costs, profit and taxes lands on $180M/yr. This would leave $20M/yr for payouts.
The insurance covers the entire house and all of your inventory up to a value of $100k. Most garages are detached structures so in case of say a fire you generally don't come close to that value as you rarely lose your most expensive possessions, such as your cars.
Rebuilding the average house is typically $200k. Anything related to health, fire and rescue services, law enforcement to block off the street and let the fire crew work is all fully tax funded and cost you nothing.
Basically, nationwide we can have 100 totally destroyed homes every year at this rate. But luckily it's a lot less.