Earthquake Insurance Tips For Homeowners

There are many ways you can protect your home from an earthquake. By choosing the right insurance policy, you can minimize the damage and loss of your property. You can check with your local insurance provider to determine the options available. These options will vary depending on your location, but some standard options include liability, earthquake, flood, fire, wind, and vandalism.


The cost of earthquake insurance for homeowners varies from region to region. While there is no exact science, a few common factors can be used to estimate a reasonable rate.

Generally speaking, older homes will cost more to insure. Older buildings are more susceptible to structural damage. If you live in a region with a high risk of earthquakes, you can expect to pay more than the national average.

Oil drilling is increasing seismic activity in western states. You can also buy earthquake coverage in addition to standard home insurance. This can be helpful if your house is in a zone where fracking is a risk.

Although earthquake coverage can be expensive, it is still important to consider. For one thing, a house can be severely damaged by an earthquake. A typical homeowners policy covers damages up to a specific limit.


If you live in an earthquake-prone area, you may need earthquake insurance Poulsbo WA. However, even if your home isn’t at risk for a quake, it’s essential to understand the limitations of your home insurance policy. You should also check the details of your home’s coverage to identify gaps in your coverage.

A standard homeowners’ insurance policy covers your home, possessions, and structure. But it doesn’t cover things like fire damage and theft. And it doesn’t cover damage caused by animals or earth movement. Fortunately, you can buy additional coverage.

Earthquake insurance is typically available as an add-on to a homeowner’s insurance policy. The cost of coverage can vary depending on your home’s location and the construction type. It can cost as little as 50 cents per $1,000 coverage or as much as $7,500 for a $500,000 policy.

In addition to covering the contents of your house, your policy can pay for temporary housing and telephone lines.

Policy Limits

If you live in an earthquake-prone area, consider purchasing earthquake insurance. Depending on the site, this coverage can pay for repairing or rebuilding your home. However, it is essential to understand what you are buying.

The average homeowner’s insurance policy is designed to cover a homeowner’s house and its contents. This coverage typically covers up to $350,000. It also includes additional living expenses, which pay for alternative living arrangements if your home is damaged. In California, earthquake insurance is required by law.

An earthquake policy also requires a deductible. A percentage of the total policy limits usually determines deductibles. A typical example is a 15% deductible on $500,000. For a specific quake policy, you might be required to have a deductible of $30,000 for personal property, $1,500 for additional living expenses, and $500 for computers, tools, and jewelry.

You can do some things to reduce your earthquake insurance deductible. These include contacting a trusted insurance agent to discuss your options. Also, it would be best if you had your home inspected by a professional. They can help identify hidden structural problems.

Filing a Claim

If you live in a region with a high risk of earthquakes, it may be wise to get earthquake insurance. The amount of coverage you get will depend on your location and your deductible. It would help if you talked to your insurance agent or broker about the available options.

Homeowners with earthquake coverage will have to pay a deductible, which usually varies from 10 to 20% of the limit on their policy. To get the most out of your policy, you should thoroughly examine the damage in your home. It is recommended that you hire a qualified professional to evaluate the structure of your house.

Before you make a claim, you should be prepared to provide detailed documentation. This includes photographs of all the damage to your home and the names of all parties involved.

A qualified professional should inspect your home for hidden structural or cosmetic damage. Insurance adjusters and contractors are often unreliable and may offer estimates that need to be higher.

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