Percentage of Missouri Residents with Earthquake Insurance Decreasing
The department recently released its 2015 Missouri State of Earthquake Coverage Report. The data in the report… http://t.co/UT8NrXQiZG
— The Northland News (@NorthlandNewsCC) October 13, 2015
- This article shows statistics for the number of households that have Earthquake Insurance Coverage in counties ranging from New Madrid, where the New Madrid seismic zone is located, to high risk, medium risk, and low risk counties. I thought this article was interesting because the threat of an earthquake is most prominent along the West Coast, not in Missouri. However, there is a fault line named the New Madrid fault because it is located in New Madrid county. The most recent earthquake there occured this year in April.
- The data was collected by the Missouri Department of Insurance. It wasn’t collected through surveys or questionaires, but rather the data is based on “market trends over the past 15 years” for earthquake insurance.
- The data suggests that earthquake coverage throughout the state has decreased significantly. Why is this?
Categories: BLOG 6