Picture: Personal seal
"A growing number of (Japanese) households are turning to earthquake insurance to protect themselves from losses in the event of a temblor or a tsunami.Earthquake insurance cannot be offered on its own, so it is bundled with fire insurance.....Earthquake policies in force ....exceed 15 million at the end of fiscal 2012, up roughly 90% in the last decade.....Premiums are also ballooning as the risk of a temblor rises..... In Tokyo, the premium for a 10 million yen policy on a fire-resistant building will go up 3,300 yen to 20,200 yen per year. "
Source:Earthquake Insurance On The Rise
Aug. 24th 2013