As of January 2021, the standard earthquake insurance premiums per year for non-wooden dwellings in Japan were highest in Tokyo, its neighboring prefectures Kanagawa and Chiba, and Shizuoka Prefecture, at 27.5 thousand Japanese yen.
Earthquake insurance in Japan can only be purchased in addition to fire insurance and covers homes and household goods against damage caused by earthquakes. The government acts as a reinsurer to guarantee the payment of insurance claims in the event of severe earthquakes.
Annual basic rate of earthquake insurance premiums for non-wooden dwellings in Japan as of January 2021, by prefecture
(in 1,000 Japanese yen)
Characteristic
Basic rate in thousand Japanese yen
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Japan Earthquake Reinsurance. (December 7, 2021). Annual basic rate of earthquake insurance premiums for non-wooden dwellings in Japan as of January 2021, by prefecture (in 1,000 Japanese yen) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1294065/japan-standard-earthquake-insurance-premiums-non-wooden-residential-property-by-prefecture/
Japan Earthquake Reinsurance. "Annual basic rate of earthquake insurance premiums for non-wooden dwellings in Japan as of January 2021, by prefecture (in 1,000 Japanese yen)." Chart. December 7, 2021. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1294065/japan-standard-earthquake-insurance-premiums-non-wooden-residential-property-by-prefecture/
Japan Earthquake Reinsurance. (2021). Annual basic rate of earthquake insurance premiums for non-wooden dwellings in Japan as of January 2021, by prefecture (in 1,000 Japanese yen). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1294065/japan-standard-earthquake-insurance-premiums-non-wooden-residential-property-by-prefecture/
Japan Earthquake Reinsurance. "Annual Basic Rate of Earthquake Insurance Premiums for Non-wooden Dwellings in Japan as of January 2021, by Prefecture (in 1,000 Japanese Yen)." Statista, Statista Inc., 7 Dec 2021, https://www.statista.com/statistics/1294065/japan-standard-earthquake-insurance-premiums-non-wooden-residential-property-by-prefecture/
Japan Earthquake Reinsurance, Annual basic rate of earthquake insurance premiums for non-wooden dwellings in Japan as of January 2021, by prefecture (in 1,000 Japanese yen) Statista, https://www.statista.com/statistics/1294065/japan-standard-earthquake-insurance-premiums-non-wooden-residential-property-by-prefecture/ (last visited July 27, 2024)
Annual basic rate of earthquake insurance premiums for non-wooden dwellings in Japan as of January 2021, by prefecture (in 1,000 Japanese yen) [Graph], Japan Earthquake Reinsurance, December 7, 2021. [Online]. Available: https://www.statista.com/statistics/1294065/japan-standard-earthquake-insurance-premiums-non-wooden-residential-property-by-prefecture/