Individuals tend to underinsure on low probability, high consequence risks. Using a survey data set from a unique institutional context, we provide an assessment of the underinsurance puzzle by studying mortgage insurance adoption among Dutch homeowners. The results indicate that the demand for mortgage insurance is affected by risk exposure, type of mortgage lender, and the involvement of financial advisors. We document that wealthier and younger mortgagors are more likely to insure. However, locus of control, house price expectations, and precautionary savings are not related to insurance demand. Finally, we find evidence that borrower (over)confidence negatively affects the likelihood that insurance is bought
This study examines how housing influences households ’ risky asset holdings in multiple European co...
During the Global Financial Crisis, house prices sharply declined in all West-European countries, bu...
Purpose: Risk in home-ownership from mortgage providers’ perspectives within the euro zone has recei...
Homeownership rates have risen all over Europe during the last decades The result of a symbiosis bet...
Purpose - This paper aims to study the data on losses on mortgage insurance in the Dutch housing mar...
PurposeRisk in home ownership from mortgage providers’ perspectives has received tremendous attentio...
The underinsurance of property is pervasively and persuasively promoted as an indicator of risk and ...
Using loan level data on mortgage loans originated by Dutch banks during 1996 to 2015, we analyse th...
We investigate the size of the mark-up on the lending rate for endowment mortgages, due to expected ...
The Netherlands is protected from flooding by a complex system of flood protection infrastructure. A...
A limited understanding of mortgage contracts and the risks involved may have contributed to the out...
We study the effect on savings of the Deposit Guarantee Scheme (DGS) re- form in the Netherlands. We...
The booming Dutch mortgage market and the development of a promising secondary mortgage market in th...
This paper reviews the puzzles of insurance demand, and provides an overview of behavioural-based ex...
The rate of home-ownership has increased significantly in many countries over the past decades. One ...
This study examines how housing influences households ’ risky asset holdings in multiple European co...
During the Global Financial Crisis, house prices sharply declined in all West-European countries, bu...
Purpose: Risk in home-ownership from mortgage providers’ perspectives within the euro zone has recei...
Homeownership rates have risen all over Europe during the last decades The result of a symbiosis bet...
Purpose - This paper aims to study the data on losses on mortgage insurance in the Dutch housing mar...
PurposeRisk in home ownership from mortgage providers’ perspectives has received tremendous attentio...
The underinsurance of property is pervasively and persuasively promoted as an indicator of risk and ...
Using loan level data on mortgage loans originated by Dutch banks during 1996 to 2015, we analyse th...
We investigate the size of the mark-up on the lending rate for endowment mortgages, due to expected ...
The Netherlands is protected from flooding by a complex system of flood protection infrastructure. A...
A limited understanding of mortgage contracts and the risks involved may have contributed to the out...
We study the effect on savings of the Deposit Guarantee Scheme (DGS) re- form in the Netherlands. We...
The booming Dutch mortgage market and the development of a promising secondary mortgage market in th...
This paper reviews the puzzles of insurance demand, and provides an overview of behavioural-based ex...
The rate of home-ownership has increased significantly in many countries over the past decades. One ...
This study examines how housing influences households ’ risky asset holdings in multiple European co...
During the Global Financial Crisis, house prices sharply declined in all West-European countries, bu...
Purpose: Risk in home-ownership from mortgage providers’ perspectives within the euro zone has recei...