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    CelloMom On Cars (cellomomoncars@mastodon.social)'s status on Friday, 07-Mar-2025 23:49:43 JSTCelloMom On CarsCelloMom On Cars
    in reply to

    Home insurance is a western thing.

    "One in thirteen homeowners across the United States are UNinsured (7.4 percent)."
    So 92.6% ARE insured.

    https://consumerfed.org/wp-content/uploads/2024/03/Exposed-UninsuredHomes-1.pdf

    Compare:

    "Barely 3% of houses in India are insured. "
    https://www.asiainsurancereview.com/Magazine/ReadMagazineArticle?aid=39698

    "insurance penetration in Indonesia is relatively low amongst ASEAN countries at 1.4%. To illustrate, Singapore;s penetration rate is 12.5%, whilst Malaysia’s and Thailand’s are at 3.8% and 4.6%, respectively."

    https://insuranceasia.com/event-news/indonesia-needs-little-tech-boost-insurance-penetration

    In conversationFriday, 07-Mar-2025 23:49:43 JST from mastodon.socialpermalink

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    1. Domain not in remote thumbnail source whitelist: www.asiainsurancereview.com
      Home insurance: Indians are not at home with it!
      from Asia Insurance Review
      In India, many are still ignoring issues pertaining to safety and security of their homes. Could the new Real Estate Regulatory Authority Act (RERA Act) be a game-changer?
    2. Domain not in remote thumbnail source whitelist: www.cmgassets.com
      Indonesia needs a little tech to boost insurance penetration
      from Aulia Putri Pandamsari
      When compared to GDP, insurance penetration in Indonesia is 1.4%, which is low relative to ASEAN.
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