4 Things That Home Insurance Covers During An Earthquake Insurance

​Having to deal with an earthquake can be a stressful time when you’re caught unprepared. Having home insurance but not knowing what your policy covers or what you are entitled to can add to your distress. 

This article will help you understand everything you need to know about home insurance that covers earthquakes so that you can feel confident in your coverage and prepared for the next big disaster.

Here are the things that home insurance with earthquake coverage covers.

1. Dwelling
   This type of home insurance covers your dwelling from being damaged by an earthquake. It also covers the detached structures that are on or attached to your property. If you have a mortgage, you must get suitable home insurance that includes earthquakes. 
   
   In an earthquake, people often find themselves in a financial crisis because of the high cost of rebuilding their homes and businesses.
   
   
2. Other Structures
   This type of insurance covers other structures on your property, such as a garage, pool, and landscaping. It also covers damage to chimneys and water pipes and the cost of removing debris from the site. 
   
   Your basic homeowners' insurance does not cover these types of damages.
   
   
3. Personal Property
   Earthquake-specific living expense coverage covers damage to your personal property and allows you to rebuild your home. It provides coverage for the actual cash value of your home, contents, and other property (such as fences) up to the insured amount. 
   
   This is a great way to ensure that the insurance will take care of you if disaster strikes.
   
   
4. Additional Living Expenses
   This also helps to cover additional living expenses in case of an earthquake event. In addition to the earthquake-specific living expense coverage, a standard homeowners policy will typically provide some limited financial protection for loss resulting from a covered disaster. 
   
   Clearly, having homeowners' insurance with earthquake coverage is a smart decision.

Problems Not Covered
You might not know it, but this special type of home insurance does not cover many things. This is because the policy only covers damage to your property and structures and not for injuries or losses from the earthquake. 

Those will be insured under liability policies or business interruption policies if they exist.

Wrap Up
Earthquakes are potentially the most expensive natural disasters, not just because of property damage but also because of business interruption. 

Earthquake-specific home insurance can help mitigate some of the financial risks associated with this event. 

However, there are limits to what it can cover, so be sure to read the terms and conditions to avoid any complications.

At Robinsons Insurance Agency LLC, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (888) 254-7350 or Click Here to request a free quote.