High disaster preparedness means lesser risk for brokers

A recent survey has shown a rise in levels of household disaster preparedness; here’s what clients should know

High disaster preparedness means lesser risk for brokers

Insurance News

By Krizzel Canlas

Disaster preparedness helps lower the risk of property damage, which means less risk for brokers when selling insurance.

According to the latest survey from the Ministry of Civil Defense & Emergency Management, levels of household preparedness for disasters have risen sharply since Kaikoura earthquake, Port Hills fires and Edgecumbe floods.

The results showed current levels of preparedness are on par with the previous highest on record, which was following the Canterbury earthquakes, Civil Defense Minister Nathan Guy said.

“We’ve seen measures of preparedness rise significantly, which means households have never been better-prepared for disasters than they are now,” he said.

While being prepared means being insured, clients should know that having a working plan is equally important.

“Getting prepared is easier than you might think. The single most important thing is to make a plan, which only takes a few minutes for you and your household,” Guy said.

The survey results are encouraging, according to Guy, but making sure a household is prepared is important in everyday life.

“We don’t want people to wait until it’s too late before they take action.  After the Canterbury earthquakes, we saw a sharp boost in preparedness, only to see it slide when complacency crept in,” Guy said.


Related stories:
WCC maintains strong credit rating despite quake
What brokers need to tell clients about travel insurance

Keep up with the latest news and events

Join our mailing list, it’s free!