survey data from German homeowners, we analyze charity hazard for different flood precaution strategies, namely insurance … hazard in the insurance market for individuals residing in flood-prone areas. In contrast, we find a positive correlation … between governmental aid and non-financial protection measures. Moreover, our results suggest that insurance and non …

provided by the insurance industry. While we cannot identify the channels through which experiencing storm damage affects risk … risk preference affects, for instance, individuals’ savings and investment behaviour, adoption of self-protection and self-insurance …

Flood insurance helps to cope with the risk of flooding, but take-up rates are relatively low. Insurance density could … rise if index-based insurance (IBI) were provided as an alternative to traditional damage-based insurance (DBI). We analyze …