Earthquake

Earthquake insurance is a form of property insurance that pays the policyholder in the event of an earthquake that causes damage to the property. Earthquake insurance is optional coverage and a separate policy.

Most earthquake insurance policies feature a high deductible, which makes this type of insurance useful if the entire building is destroyed, but not useful if the building is merely damaged. Rates depend on location and the probability of an earthquake. Rates also vary depending on the construction may be cheaper for homes made of wood, which withstand earthquakes better than homes made of brick.

A devastating earthquake will quickly drain all the company's resources therefore insurance companies devote much study and effort toward risk management to avoid such cases

"I can buy insurance anytime."

FACT: There is a 30-day waiting period for earthquake insurance if there has been any activity 5.0 or greater. Earthquakes can happen anytime, so act now and call us for information.