Standard earthquake insurance premiums for wooden homes in Japan 2021, by prefecture
As of January 2021, the standard earthquake insurance premiums per year for wooden dwellings in Japan were highest in Tokyo, its neighboring prefectures Kanagawa and Chiba, and Shizuoka Prefecture, at 42.2 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.
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.
