Protect Your Home with Specialty Earthquake Insurance

California homeowners need earthquake coverage.earthquake seismic waves

If you reside in California, then you know that the threat of a major earthquake is always looming overhead.  Unfortunately, your standard homeowners insurance will not provide coverage for your property or belongings in the event of a quake.   This is where specialty earthquake insurance comes in.  Here’s what you need to know about this important form of home coverage.

What is Earthquake Insurance?

Earthquake insurance offers coverage for the damages caused by an earthquake.  This coverage extends to the structure of your home, as well as the personal belongings that may be damaged or lost in a quake.  Please note that earthquake insurance only offers coverage for your home and the personal belongings inside it.  Things like your car will not be covered under your earthquake policy.  (Your car has earthquake coverage through its comprehensive insurance.)  Typically, earthquake insurance is only necessary for homeowners who reside near a fault line or in an area with seismic activity caused by drilling.

How Much Does Earthquake Insurance Cost?

Earthquake insurance rates vary widely depending on where your home is located.  Homes in low-risk areas will usually have lower insurance costs.  However, if your home is located near a fault line, then your premiums will be significantly higher.  Your rates may also be higher if the following is true:

  • Your home is older
  • Your home is made of brick (brick is less flexible and therefore has a harder time withstanding the stress caused by an earthquake)
  • You live in a high-value home

This is what you need to know about earthquake insurance.  Do you have additional questions about your home coverage?  If so, then contact the experts at ISU-Wissink Insurance in Culver City, California.  We are ready to assist you with all your coverage needs today.