An Empirical Analysis of Social Capital and Household Insurance Purchases in the Context of the Internet of Things: Evidence from China

Table 4

Descriptive statistics of social capital based on tertiles.

Social capital level	Probability of insurance purchases (%)	Proportion of insurance purchases (%)
Low level of social capital	6.76	0.40
Medium level of social capital	14.00	0.90
High level of social capital	27.90	1.95