Table 1 Risk mitigation actions taken during rebuilding

From: The role of insurers in driving post-hurricane risk reduction investments

  

Type of risk mitigation activities

 

Any Activities

Installed flood vents

Elevated HVAC

Upgraded roof

Elevated home

Upgraded windows/ doors

Upgraded to hurricane-resistant door

Used flood-resistant materials

 

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

Information

1.357***

1.677***

1.263**

0.808***

0.704

0.648

0.457

0.111

(0.261)

(0.460)

(0.517)

(0.203)

(0.614)

(0.399)

(0.391)

(0.213)

Any Insurance

0.808**

0.111

0.880*

0.703**

0.372

-0.032

1.695

1.529***

(0.325)

(0.384)

(0.471)

(0.358)

(0.601)

(0.530)

(1.365)

(0.455)

Savings

0.421

0.266

0.06

0.391

0.453

-0.015

18.365***

2.766***

(0.571)

(0.879)

(0.803)

(0.379)

(0.471)

(0.457)

(1.716)

(0.839)

Cluster by Event

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Adj./Pseudo R2

0.211

0.443

0.218

0.106

0.297

0.124

0.349

0.361

N

325

325

325

325

325

325

325

325

  1. Note: Dependent variable in Column (1) is a dummy variable equal to one if a survey respondent reported taking actions to reduce the risks of future flood or storm damage when repairing property. Dependent variables in Column (2)–(8) represent different types of risk mitigation activities. All columns control for disaster-related costs, home- and household-level characteristics. Standard errors (in parentheses) are clustered by storm.
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