What is earthquake insurance and what does it cover?

Earthquake insurance is additional insurance for a specific risk type (earthquakes). It provides coverage in the event that your home is damaged by an earthquake. Unlike a standard homeowner policy, which does not cover earthquake damage, earthquake insurance steps in to protect your property.

Earthquake insurance may cover various aspects, including:

  • Repairs to Your Home: If your home sustains damage from an earthquake, the insurance policy can help cover the costs of repairing the structural damage.
  • Personal Property: Earthquake insurance also provides coverage for your personal belongings that may be damaged as a result of an earthquake.
  • Debris Removal: In the aftermath of an earthquake, there is often a need to remove debris. Earthquake insurance can help cover the expenses associated with debris removal.
  • Additional Living Expenses: If your home becomes uninhabitable due to earthquake damage and you need to live elsewhere temporarily, earthquake insurance can help cover the extra living expenses you may incur during this time.

It’s important to review the specific details of your coverage by referring to your official policy documents. For a better understanding of your coverage needs and policy details, your independent agent can provide valuable guidance and assistance.

Leave a Reply