Most standard homeowners, mobile homeowners, condominium, and renters insurance policies do not cover earthquake damage. Similar to flood insurance, earthquake insurance usually must be purchased separately.
Many people assume their residential insurance policy fully protects them, but if you look at a typical policy, you will see it does not cover earthquake loss. In addition, government disaster-relief programs are extremely limited—they are designed to help you get partly back on your feet, but not to replace your home and everything you lose. So if an earthquake strikes tomorrow, will you have the financial resources to pay for earthquake damage to your home and it’s contents?
The good news is that you can buy specific earthquake insurance to cover damage and destruction to both your home and your contents. Generally, the deductible is far higher than with ordinary household insurance. Although policies cover damage to homes, the main aim of earthquake insurance is to cover the risk of total destruction.
Witkin Scott Associates, Inc offers free, comparative quotes on Earthquake Insurance from multiple insurance carriers so you can get the best possible rate.
Want to see how much we can save you? Just request a quote to find out.