According to the Travelers Consumer Risk Index, 63 percent of people surveyed in the US believe the world is becoming riskier, but the findings support a surprising attitude toward personal exposure.
The percentage matches results from a year ago, according to survey results.
And for the second straight year, personal privacy loss/identity theft, financial concerns, and health problems are risks American worry about most–as well as severe weather and distracted driving.
With 65 percent of adults worrying some or “a great deal” about financial concerns, this risk is tops according to the 800 people surveyed by Hart Research in July.
Personal privacy loss and identify theft is next, with 61 percent saying they worry some or a great deal. Eighty-two percent reported some level of worry about this risk.
However, more than half of millennials (18-34 years old) do not worry about computer and tech risks at all. Generally, the level of worry concerning computer and tech risks went down compared to last year. For instance, this year 27 percent said they worry a great deal about someone hacking into their bank account. Last year the percentage was 33 percent.
When it comes to severe weather, 64 percent thought damaging weather events are becoming more frequent but only 39 percent said this type of weather was becoming more frequent in their area. Last year, 70 percent of people surveyed believed severe weather was more frequent.
Chad Hemenway is Managing Editor of Advisen News. He has more than 15 years of journalist experience at a variety of online, daily, and weekly publications. He has covered P&C insurance news since 2007, and he has experience writing about all P&C lines as well as regulation and litigation. Chad won a Jesse H. Neal Award for Best Single Article in 2014 for his coverage of the insurance implications of traumatic brain injuries and Best News Coverage in 2013 for coverage of Superstorm Sandy. Contact Chad at 212.897.4824 or [email protected].
