Residential Earthquake Insurance Exposed Amount Drops to 500 Million NT Dollars

Reported 12 months ago

Recently, the number of residential earthquake insurance policies has increased significantly, with a coverage rate of 38.55% at the end of May compared to 38.01% in March. The exposed coverage amount for the current residential earthquake insurance has decreased to below 500 million NT dollars, setting a record for the highest claim amount since the establishment of the Residential Earthquake Fund. The number of insured properties has increased mainly in urban areas, with the highest coverage rate in Taoyuan reaching 47.13%.

Source: YAHOO

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