What is Earthquake Insurance?
Earthquake insurance is a form of property insurance that pays the policyholder in the event of an earthquake that causes damage to the property.
Most homeowner’s insurance policies do not cover losses caused by an earthquake.
How Much Does Earthquake Insurance Cost?
Most earthquake insurance policies carry a high deductible, which makes this type of coverage useful if the entire home is destroyed, but not if the home is damaged yet salvageable. Rates depend on location and the probability of an earthquake in that area.
Rates may be cheaper for wooden homes, which withstand earthquakes better than homes made of brick.
Contact Us to learn more about your options for earthquake insurance.