Data/hora: 10/06/2024 14:03:54

Provedor de dados: | Research in Agricultural & Applied Economics (AgEcon Searh)
País: | United States
Título: | Expanding the National Flood Insurance Program to Cover Coastal Erosion Damage
Autores: | Keeler,   Andrew G.; Kriesel,   Warren; Landry,   Craig E.
Data: | 2008-09-17
Ano: | 2003
Palavras-chave: | Coastal erosion; Insurance; Risk; Q24; G22; H41.
Resumo: | This paper uses the results of a nationwide survey of coastal property owners to estimate the demand for insurance against erosion damage.  The National Flood Insurance Program (NFIP) does not technically cover such damage, although in practice there is considerable uncertainty about this point.  The ability to insure against such losses has implications for the choice of beach management strategies and for NFIP management.  We find significant demand for insurance at prices in the range of current flood insurance premiums, although median willingness to pay appears to be less than cost of providing such insurance.
Tipo: | Journal Article
Idioma: | Inglês
Identificador: | http://purl.umn.edu/43199
Relação: | Journal of Agricultural and Applied Economics&gt;Volume 35, Number 03, December 2003
Formato: | 9