Understanding the effects of past flood events and perceived and estimated flood risks on individuals' voluntary flood insurance purchase behavior

Over the past several decades, the economic damage from flooding in the coastal areas has greatly increased due to rapid coastal development coupled with possible climate change impacts. One effective way to mitigate excessive economic losses from flooding is to purchase flood insurance. Only a mino...

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Bibliographic Details
Published in:Water research (Oxford) 2017-01, Vol.108, p.391-400
Main Authors: Shao, Wanyun, Xian, Siyuan, Lin, Ning, Kunreuther, Howard, Jackson, Nida, Goidel, Kirby
Format: Article
Language:English
Subjects:
affordability
Climate Change
coasts
consumer behavior
Conveying
Decision making
Disasters
Education
education programs
Flood insurance purchase
Flood mapping
Flood maps
Flood risk
Flooding
Floods
Forecasting
home ownership
homeowners
Humans
income
Insurance
Insurance - economics
issues and policy
local government
Policies
purchasing
Risk
Risk communication
storms
surveys
Surveys and Questionnaires
United States
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