Fire Insurance Quote Requests: Approx. 40% for Properties Under Old Seismic Standards. Earthquake Insurance Preference Rate 78% for Those With Loans vs. 48% for Those Without, a Difference of Approx. 30 Points.
NQ Score
53/100
AI Summary (NQ-processed)
Mt.flowers Inc. has released analysis results from its fire insurance quote aggregation service, "wismoney." The study found that approximately 37.5% of quote requests were for properties built under the old seismic standards (pre-1981). Furthermore, the preference rate for earthquake insurance was 78.2% among users with home loans, significantly higher than the 47.6% among those without loans. Properties under the old seismic standards also showed a higher rate of vacant property quotes at 42.9%.
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