Survey: Terrorism Risk Insurance Act of 2002

Questions marked with an asterisk (*) are mandatory.
The Terrorism Risk Insurance Act of 2002 (TRIA), which currently provides a federal backstop for terrorism risk insurance coverage and mandates that insurers make coverage available for terrorism risks, is due to expire at the end of 2005. The NAR is soliciting “real-world” examples about how TRIA’s looming expiration is affecting your business now or will impact your business in the future. The examples will be used by NAR in our communication efforts with policymakers and possibly the media. Any information NAR gathers about you or your firm is for our tracking purposes only; it will remain strictly confidential. Since we expect market problems associated with TRIA's expiration to become more acute as the end of the year approaches, we may send you additional brief surveys to gauge the severity of market dislocations caused by the lack of affordable terrorism insurance.
1
* I am a member of: Select all that apply.
National Association of REALTORS® (NAR)
NAR Affiliates
Other national real estate organization
2
In your view, has the program established by the Terrorism Risk Insurance Act (TRIA) succeeded in making terrorism coverage in property and casualty insurance: Select all that apply.
More available
More affordable
Less available
Less affordable
3
If you have been offered terrorism insurance, but declined coverage, what were the reasons for declining? Select all that apply.
Too costly
Property located in an unlikely area for terrorist activity
Other
4
If you selected "other" in the question above, please elaborate here.
5
* Have you been notified that there will be changes in insurance premiums, terms or availability for your scheduled renewal if TRIA is not extended prior to its current renewal date?
Yes
No
This doesn't apply to me.
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