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Event File FINTECH Financial Supervisory Commission (FSC)

Taiwan Regulator Urges Homeowners to Keep Earthquake Cover

2 reports · First detected 2026-09-18 · Last active 2026-09-18

Taiwan sits in a highly active seismic zone, yet residential earthquake insurance remains voluntary and is often purchased only because banks require coverage on mortgaged properties. Many homeowners allow their policies to lapse after repaying their loans, leaving them exposed to potentially severe rebuilding costs. The Financial Supervisory Commission’s Insurance Bureau said mortgage-free households should maintain residential fire and basic earthquake insurance as a financial buffer against disasters.

The Insurance Bureau said on Sept. 17, 2026, that just over 3.84 million policies were in force as of Aug. 31, covering about 40% of Taiwan’s roughly 9.61 million homes. Basic earthquake insurance costs NT$1,350 a year and pays up to NT$1.5 million when a building meets the total-loss threshold, plus as much as NT$200,000 for temporary accommodation. Since July 15, 2025, homes carrying a government-issued red danger notice may receive NT$100,000 in lodging assistance even without a total-loss determination.

All Coverage

2 original reports
CTEE.COM.TW 2026-09-18
《金融》住宅火災地震險投保率僅4成 金管會籲有殼族續保
CTEE.COM.TW 2026-09-18
國人投保率僅40％ 金管會促投保住宅地震險

The Backstory

The history behind this event
Taiwan Home Earthquake Insurance Take-Up Nears 40%, Leaving More Than 5.77 Million Households Uncoveredfirst seen 2026-07-04 · 1 reports · similarity 0.83

Basic residential earthquake insurance provides essential protection when homes are damaged by earthquakes, with the Residential Earthquake Insurance Fund tracking enrollment. Taiwan lies in an earthquake zone, and powerful quakes have struck frequently at home and abroad. Yet fewer than 40% of homes are insured, leaving most households without basic protection against post-disaster reconstruction costs and financial losses.

As of the end of May 2026, the fund put the average take-up rate for basic residential earthquake insurance across Taiwan at 39.68%, with about 5.776 million households uninsured. Uninsured homes are concentrated mainly in the six most populous municipalities. Among counties and cities on Taiwan’s main island, Yunlin County had the highest uninsured rate at 78.11%, highlighting a particularly wide coverage gap.

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