INSURANCE

TABLE 52: HOUSE INSURANCE DISTRIBUTION

NUMBER OF HH MUN. AVERAGE (%)
NO 3,078 99.58
YES 13 0.42
TOTAL 3,091 100.00
Source: Currimao CBMS 2022

FIGURE 42: HOUSE INSURANCE DISTRIBUTION

HOUSE INSURANCE DISTRIBUTION
NO YES

House Insurance Distribution. Almost all households do not practice insuring their home, with
only 13 have house insurance.

TABLE 53: HOUSE INSURANCE PROVIDER DISTRIBUTION

NUMBER OF HH MUN. AVERAGE (%)
GOVERNMENT
2 15.38
INSURANCE
PRIVATE INSURANCE
11 84.62
COMPANY
TOTAL 13 100.00
Source: Currimao CBMS 2022

FIGURE 43: HOUSE INSURANCE PROVIDER DISTRIBUTION

 HOUSE INSURANCE PROVIDER DISTRIBUTION
GOVERNMENT INSURANCE PRIVATE INSURANCE

15%

85%

House Insurance Provider Distribution. For the households which availed of insurance services,
84.62%acquired their insurance policies from private insurance companies.

TABLE 54: VEHICLE INSURANCE DISTRIBUTION

NUMBER OF HH MUN. AVERAGE (%)
NO 2914 94.27
YES 177 5.73
TOTAL 3,091 100.00
Source: Currimao CBMS 2022

FIGURE 44: VEHICLE INSURANCE DISTRIBUTION

VEHICLE INSURANCE DISTRIBUTION

NO YES

6%

94%

Vehicle Insurance Distribution. Of the total households, 5.73% does have auto insurance.

TABLE 55: VEHICLE INSURANCE PROVIDER DISTRIBUTION

NUMBER OF HH MUN. AVERAGE (%)
BANK 2 1.13
GOVERNMENT 4 2.26
 INSURANCE
OTHERS 3 1.69
PRIVATE INSURANCE
168 94.92
COMPANY
TOTAL 177 100.00
Source: Currimao CBMS 2022

FIGURE 45: VEHICLE INSURANCE PROVIDER DISTRIBUTION

VEHICLE INSURANCE PROVIDER DISTRIBUTION

BANK GOVERNMENT INSURANCE
OTHERS PRIVATE INSURANCE COMPANY

12%
20%

29%

39%

Vehicle Insurance Provider Distribution. Of the total households with vehicle insurance policies,
94.92% acquired their vehicle insurance policies from Private Insurance Companies.

TABLE 56: APPLIANCE INSURANCE DISTRIBUTION

NUMBER OF HH MUN. AVERAGE (%)
NO 3077 99.55
YES 14 0.45
TOTAL 3,091 100.00
Source: Currimao CBMS 2022

FIGURE 46: APPLIANCE INSURANCE DISTRIBUTION

 APPLIANCE INSURANCE DISTRIBUTION
NO YES

Appliance Insurance Distribution. It was reported that there were only 0.45 of the households
have insured their appliances.

TABLE 57: APPLIANCE INSURANCE PROVIDER DISTRIBUTION

NUMBER OF HH MUN. AVERAGE (%)
OTHERS 2 14.29
PRIVATE INSURANCE
12 85.71
COMPANY
TOTAL 14 100.00
Source: Currimao CBMS 2022

FIGURE 47: APPLIANCE INSURANCE PROVIDER DISTRIBUTION

APPLIANCE INSURANCE PROVIDER DISTRIBUTION
OTHERS PRIVATE INSURANCE COMPANY

14%

86%
Appliance Insurance Provider Distribution. Most of those who insured their appliance sought
the insurance services of private companies.

TABLE 58: CROPS INSURANCE DISTRIBUTION

NUMBER OF HH MUN. AVERAGE (%)
NO 211 46.37
YES 244 53.63
TOTAL 455 100.00
Source: Currimao CBMS 2022

FIGURE 48: CROPS INSURANCE DISTRIBUTION

CROPS INSURANCE DISTRIBUTION

NO YES

46%
54%

Crops Insurance Distribution. It was also observe that only 244 households acquired insurance
for their respective crops.

TABLE 59: CROPS INSURANCE PROVIDER DISTRIBUTION

NUMBER OF MUN. AVERAGE (%)
HH
OTHERS 3 1.23
PHILIPPINE CROP INSURANCE CORPORATION 231 94.67
PRIVATE INSURANCE COMPANY 10 4.10
TOTAL 244 100.00
Source: Currimao CBMS 2022

FIGURE 49: CROPS INSURANCE PROVIDER DISTRIBUTION

 CROPS INSURANCE PROVIDER DISTRIBUTION
OTHERS PHILIPPINE CROP INSURANCE CORPORATION
PRIVATE INSURANCE COMPANY

4%1%

95%

Crops Insurance Provider Distribution. 94.67% of crop insurance subscribers acquired their
respective insurance policies from the Philippine Crop Insurance Corporation (PCIC).