The Protection Gap in Homeowners Insurance: An Introduction

14 Pages Posted: 20 Sep 2019 Last revised: 14 Mar 2023

Date Written: November 13, 2019


In the past few years the insurance community has paid increasing attention to the “protection gap”—the extent to which significant property losses are not covered by insurance. Because insurance plays an important economic and social role in many ways, the protection gap is significant to individuals, firms, the communities in which they reside or operate, and the economy as a whole. This paper explores protection gaps in the context of homeowners insurance in the United States: what they are, where they occur, what causes them, and how to cure them.

Keywords: insurance, homeowners insurance, protection gap, insurance law

JEL Classification: K39, G22

Suggested Citation

Feinman, Jay M., The Protection Gap in Homeowners Insurance: An Introduction (November 13, 2019). Rutgers Law School Research Paper , Available at SSRN: or

Jay M. Feinman (Contact Author)

Rutgers Law School ( email )

Newark, NJ
United States
856-225-6367 (Phone)

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