by lakemen » Wed Apr 19, 2006 11:08 am
Earthquake insurance is usually found as an endorsement to home insurance or even business insurance. This insurance provides protection for damages that occur due to an earthquake. If you live in an earthquake prone zone, or in an area that sees an earthquake almost frequently, you must have earthquake insurance.
Earthquake insurance is usually offered with a high amount of deductible and hence such insurance is really useful if an earthquake destroys your home completely instead of partially.
Earthquake insurance is usually offered with a high amount of deductible and hence such insurance is really useful if an earthquake destroys your home completely instead of partially.
Would you need earthquake insurance if you have home insurance?
Many of you may be under the impression that your home owners insurance covers earthquake. But a lot of you may have a hard realization when you get to know that earthquake insurance needs to be purchased separately. Your standard home insurance covers your dwelling as well as personal property against listed dangers e.g. hail, windstorm, vandalism or theft. But flood and earthquake need to be purchased separately.
You may ask your agent to provide earthquake insurance quotes. Earthquake insurance is normally not too expensive but the deductibles are high. You may shop around in order to get the best deal in earthquake insurance. To get proper coverage get hold of a policy that provides most coverage at the best possible price. If you stay in California you may want to get earthquake insurance. It is a zone quite prone to earthquakes and hence people staying in this area would want to have protection when the disaster strikes. Although California earthquake insurance seems to be quite popular, it is not the only place that is affected by earthquakes. Other states have earthquakes too, but very few people care to have earthquake insurance.
Damage from an earthquake can be devastating. It may be quite difficult to recover from such a loss. However, if you have earthquake insurance, you will at least be financially prepared. Even in California, where there is such frequency of earthquakes, very few people are insured against earthquakes.
Some of you may also think that there will be relief from the government after an earthquake causes damage. Yes, the government does provide relief but it does not compensate for damages caused to individual homeowners./>
If you live in an earthquake prone zone, you may want to consider buying earthquake insurance. Earthquakes cause potential loss and having insurance will help you expedite recovery from the loss. Government will only provide some relief after the earthquake but only tour insurance will help you replace the cost of repairing your home or replacing your valuables. You may also talk to people who can give you sound advice on this particular type of insurance and do what is best for you.
You may ask your agent to provide earthquake insurance quotes. Earthquake insurance is normally not too expensive but the deductibles are high. You may shop around in order to get the best deal in earthquake insurance. To get proper coverage get hold of a policy that provides most coverage at the best possible price. If you stay in California you may want to get earthquake insurance. It is a zone quite prone to earthquakes and hence people staying in this area would want to have protection when the disaster strikes. Although California earthquake insurance seems to be quite popular, it is not the only place that is affected by earthquakes. Other states have earthquakes too, but very few people care to have earthquake insurance.
Damage from an earthquake can be devastating. It may be quite difficult to recover from such a loss. However, if you have earthquake insurance, you will at least be financially prepared. Even in California, where there is such frequency of earthquakes, very few people are insured against earthquakes.
Some of you may also think that there will be relief from the government after an earthquake causes damage. Yes, the government does provide relief but it does not compensate for damages caused to individual homeowners./>
If you live in an earthquake prone zone, you may want to consider buying earthquake insurance. Earthquakes cause potential loss and having insurance will help you expedite recovery from the loss. Government will only provide some relief after the earthquake but only tour insurance will help you replace the cost of repairing your home or replacing your valuables. You may also talk to people who can give you sound advice on this particular type of insurance and do what is best for you.
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