The leading reason for purchasing earthquake insurance in Japan was to prepare for damage to household goods, a survey conducted from July to August 2021 found. While about 53 percent of the respondents took out earthquake insurance to protect household goods, around 45 percent purchased insurance because of the increased risk of earthquakes.
Leading reasons for purchasing earthquake insurance in Japan as of August 2021
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Sompo Japan Insurance. (August 30, 2021). Leading reasons for purchasing earthquake insurance in Japan as of August 2021 [Graph]. In Statista. Retrieved April 24, 2024, from https://www.statista.com/statistics/1295358/japan-earthquake-insurance-purchase-reasons/
Sompo Japan Insurance. "Leading reasons for purchasing earthquake insurance in Japan as of August 2021." Chart. August 30, 2021. Statista. Accessed April 24, 2024. https://www.statista.com/statistics/1295358/japan-earthquake-insurance-purchase-reasons/
Sompo Japan Insurance. (2021). Leading reasons for purchasing earthquake insurance in Japan as of August 2021. Statista. Statista Inc.. Accessed: April 24, 2024. https://www.statista.com/statistics/1295358/japan-earthquake-insurance-purchase-reasons/
Sompo Japan Insurance. "Leading Reasons for Purchasing Earthquake Insurance in Japan as of August 2021." Statista, Statista Inc., 30 Aug 2021, https://www.statista.com/statistics/1295358/japan-earthquake-insurance-purchase-reasons/
Sompo Japan Insurance, Leading reasons for purchasing earthquake insurance in Japan as of August 2021 Statista, https://www.statista.com/statistics/1295358/japan-earthquake-insurance-purchase-reasons/ (last visited April 24, 2024)
Leading reasons for purchasing earthquake insurance in Japan as of August 2021 [Graph], Sompo Japan Insurance, August 30, 2021. [Online]. Available: https://www.statista.com/statistics/1295358/japan-earthquake-insurance-purchase-reasons/