8 Facts about Earthquake Insurance
- John Cornelison
- November 8, 2011
Table of Contents
CBS recently listed a number of sobering facts about earthquake insurance that anyone from a scesmicly active area - like those of us from the Salish Sea would do well to be familiar with. Most know it isn’t included in standard homeowner’s policies, but even with it beware of the large number of restrictions in comparison to fire or other policies.
The topics covered are:
- Deductibles
- Personal possessions
- Exclusions
- Loss of use
- Uncovered losses don't count toward the deductible
- Cost of coverage
- Who suffers catastrophic claims
- Mitigating risks
Read the article at www.cbsnews.com/8301-505144_162-57319955/earthquake-insurance-8-things-you-need-to-know/