{"id":27566,"date":"2017-09-04T13:44:17","date_gmt":"2017-09-04T12:44:17","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=publication&p=27566"},"modified":"2024-09-19T15:29:46","modified_gmt":"2024-09-19T14:29:46","slug":"insurance-public-assistance-and-household-flood-risk-reduction-a-comparative-study-of-austria-england-and-romania","status":"publish","type":"publication","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/insurance-public-assistance-and-household-flood-risk-reduction-a-comparative-study-of-austria-england-and-romania\/","title":{"rendered":"Insurance, public assistance and household flood risk reduction: a comparative study of Austria, England and Romania"},"content":{"rendered":"\n

Abstract<\/strong><\/p>\n

In light of increasing losses from floods many researchers and policy makers are looking for ways to encourage flood risk reduction among communities, business, and households. In this study we investigate risk reduction behavior at the household level in three European Union (EU) Member States with fundamentally different insurance and compensation schemes. We try to understand if and how insurance and public assistance influence private risk reduction behavior. Data was collected using a telephone survey (n=1,849) of household decision makers in flood-prone areas. We show that insurance overall is positively associated with private risk reduction behavior. Warranties, premium discounts, and information provision with respect to risk reduction may be an explanation for this positive relationship in the case of structural measures. Public incentives for risk-reduction measures by means of financial and in-kind support, and particularly through the provision of information are also associated with enhancing risk reduction. In this study public compensation is not negatively associated with private risk reduction behavior. This does not disprove such a relationship, but the negative effect may be mitigated by factors related to respondent’s capacity to implement measures or social norms that were not included in the analysis. The data suggests that large-scale flood protection infrastructure creates a sense of security that is associated with a lower level of preparedness. Across the board there is ample room to improve both public and private policies to provide effective incentives for household level risk reduction.<\/p>\n

Hanger, Susanne and Bayer, Joanne and Surminski, Swenja and Nenciu, Cristina and Lorant, Anna and Ionescu, Radu and Patt, Anthony (2017) Insurance, public assistance and household flood risk reduction: a comparative study of Austria, England and Romania. Risk Analysis. ISSN 0272-4332<\/strong><\/p>\n

 <\/p>\n\n","protected":false},"excerpt":{"rendered":"\n

In light of increasing losses from floods many researchers and policy makers are looking for ways to encourage flood risk reduction among communities, business, and households. In this study the authors investigate risk reduction behavior at the household level in three European Union (EU) Member States with fundamentally different insurance and compensation schemes. <\/p>\n\n","protected":false},"author":12,"featured_media":0,"template":"","tags":[1027,935,201,524],"publication-type":[436],"topic_area":[4692,4783],"class_list":["post-27566","publication","type-publication","status-publish","hentry","tag-austria","tag-england","tag-flood-insurance","tag-uk-flood-risk","publication-type-research-articles","topic_area-adaptation-and-resilience","topic_area-uk-adaptation-policy"],"acf":{"exclude_from_sync":{"ref_value":"field_560538b0e7350","value":"0","type":false,"post_type":""},"downloads":{"ref_value":"field_52f16cc1a80f2","value":false,"type":"repeater","post_type":""},"rss_newsletter":{"ref_value":"field_54f5c2c1544d8","value":"","type":false,"post_type":""},"profile_link":{"ref_value":"field_52f164b5189e9","value":["swenja-surminski"],"type":"relationship","post_type":"profile"},"article_link":{"ref_value":"field_52eee3c7f0586","value":"https:\/\/eprints.lse.ac.uk\/83634\/","type":false,"post_type":""},"article_link_title":{"ref_value":"field_5322399d89d42","value":"External link to publisher","type":false,"post_type":""},"spotlight":{"ref_value":"field_52f80896506d3","value":"","type":false,"post_type":""},"show_translations_widget":{"ref_value":"field_6203d588c41e8","value":"0","type":false,"post_type":""}},"yoast_head":"\nInsurance, public assistance and household flood risk reduction: a comparative study of Austria, England and Romania - Grantham Research Institute on climate change and the environment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/insurance-public-assistance-and-household-flood-risk-reduction-a-comparative-study-of-austria-england-and-romania\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Insurance, public assistance and household flood risk reduction: a comparative study of Austria, England and Romania - Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"og:description\" content=\"In light of increasing losses from floods many researchers and policy makers are looking for ways to encourage flood risk reduction among communities, business, and households. In this study the authors investigate risk reduction behavior at the household level in three European Union (EU) Member States with fundamentally different insurance and compensation schemes.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/insurance-public-assistance-and-household-flood-risk-reduction-a-comparative-study-of-austria-england-and-romania\/\" \/>\n<meta property=\"og:site_name\" content=\"Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-19T14:29:46+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/publication\\\/insurance-public-assistance-and-household-flood-risk-reduction-a-comparative-study-of-austria-england-and-romania\\\/\",\"url\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/publication\\\/insurance-public-assistance-and-household-flood-risk-reduction-a-comparative-study-of-austria-england-and-romania\\\/\",\"name\":\"Insurance, public assistance and household flood risk reduction: a comparative study of Austria, England and Romania - Grantham Research Institute on climate change and the environment\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/#website\"},\"datePublished\":\"2017-09-04T12:44:17+00:00\",\"dateModified\":\"2024-09-19T14:29:46+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/publication\\\/insurance-public-assistance-and-household-flood-risk-reduction-a-comparative-study-of-austria-england-and-romania\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/publication\\\/insurance-public-assistance-and-household-flood-risk-reduction-a-comparative-study-of-austria-england-and-romania\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/publication\\\/insurance-public-assistance-and-household-flood-risk-reduction-a-comparative-study-of-austria-england-and-romania\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Publications\",\"item\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/?post_type=publication\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"All research\",\"item\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/publication-type\\\/new-research\\\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Research article\",\"item\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/publication-type\\\/research-articles\\\/\"},{\"@type\":\"ListItem\",\"position\":5,\"name\":\"Insurance, public assistance and household flood risk reduction: a comparative study of Austria, England and Romania\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/#website\",\"url\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/\",\"name\":\"Grantham Research Institute on climate change and the environment\",\"description\":\"The Grantham Research Institute at LSE carries out world-class research on climate change and the environment.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Insurance, public assistance and household flood risk reduction: a comparative study of Austria, England and Romania - Grantham Research Institute on climate change and the environment","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/insurance-public-assistance-and-household-flood-risk-reduction-a-comparative-study-of-austria-england-and-romania\/","og_locale":"en_GB","og_type":"article","og_title":"Insurance, public assistance and household flood risk reduction: a comparative study of Austria, England and Romania - Grantham Research Institute on climate change and the environment","og_description":"In light of increasing losses from floods many researchers and policy makers are looking for ways to encourage flood risk reduction among communities, business, and households. In this study the authors investigate risk reduction behavior at the household level in three European Union (EU) Member States with fundamentally different insurance and compensation schemes.","og_url":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/insurance-public-assistance-and-household-flood-risk-reduction-a-comparative-study-of-austria-england-and-romania\/","og_site_name":"Grantham Research Institute on climate change and the environment","article_modified_time":"2024-09-19T14:29:46+00:00","twitter_card":"summary_large_image","twitter_misc":{"Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/insurance-public-assistance-and-household-flood-risk-reduction-a-comparative-study-of-austria-england-and-romania\/","url":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/insurance-public-assistance-and-household-flood-risk-reduction-a-comparative-study-of-austria-england-and-romania\/","name":"Insurance, public assistance and household flood risk reduction: a comparative study of Austria, England and Romania - Grantham Research Institute on climate change and the environment","isPartOf":{"@id":"https:\/\/www.lse.ac.uk\/granthaminstitute\/#website"},"datePublished":"2017-09-04T12:44:17+00:00","dateModified":"2024-09-19T14:29:46+00:00","breadcrumb":{"@id":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/insurance-public-assistance-and-household-flood-risk-reduction-a-comparative-study-of-austria-england-and-romania\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/insurance-public-assistance-and-household-flood-risk-reduction-a-comparative-study-of-austria-england-and-romania\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/insurance-public-assistance-and-household-flood-risk-reduction-a-comparative-study-of-austria-england-and-romania\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.lse.ac.uk\/granthaminstitute\/"},{"@type":"ListItem","position":2,"name":"Publications","item":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=publication"},{"@type":"ListItem","position":3,"name":"All research","item":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication-type\/new-research\/"},{"@type":"ListItem","position":4,"name":"Research article","item":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication-type\/research-articles\/"},{"@type":"ListItem","position":5,"name":"Insurance, public assistance and household flood risk reduction: a comparative study of Austria, England and Romania"}]},{"@type":"WebSite","@id":"https:\/\/www.lse.ac.uk\/granthaminstitute\/#website","url":"https:\/\/www.lse.ac.uk\/granthaminstitute\/","name":"Grantham Research Institute on climate change and the environment","description":"The Grantham Research Institute at LSE carries out world-class research on climate change and the environment.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"}]}},"taxonomies":{"post_tag":["Austria","England","flood insurance","UK flood risk"],"publication-type":["Research article"],"topic_area":["Adaptation and resilience","UK adaptation policy"]},"_links":{"self":[{"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/publication\/27566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/publication"}],"about":[{"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/types\/publication"}],"author":[{"embeddable":true,"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/users\/12"}],"version-history":[{"count":1,"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/publication\/27566\/revisions"}],"predecessor-version":[{"id":74072,"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/publication\/27566\/revisions\/74072"}],"wp:attachment":[{"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/media?parent=27566"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/tags?post=27566"},{"taxonomy":"publication-type","embeddable":true,"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/publication-type?post=27566"},{"taxonomy":"topic_area","embeddable":true,"href":"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-json\/wp\/v2\/topic_area?post=27566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}