Disasters
» Disasters, Volume 4, Issue 5, 2004
If respondent's business has been struck by a natural disaster in the last three years AND forced to close 24 hours or longer.
8. In hindsight, were you adequately insured, under-insured, or not insured for the sales lost while you could not operate?
Response | ||||
---|---|---|---|---|
1 | Adequately insured | 36 | ||
2 | Under-insured | 12 | ||
3 | Not insured | 47 | ||
4 | DK/Refuse | 5 | ||
Total (%) | 100 | |||
N | 115 |
Notes: Forty-seven (47) percent of small employers forced to close 24 hours or longer in the last three years due to a natural disaster had no insurance to cover their sales losses while business operations were interrupted (Q#8).