Earthquake Insurance
Coverage for earthquake is not automatic, but may be purchased as an "add-on" to your homeowner's or business property policy. The cost for earthquake insurance depends on the location, amount of coverage, construction, and deductible. Frame buildings in a low-risk area will pay about 1/3 of what a brick building in an "earthquake-active" area will pay.
The deductible for earthquake claims is separate from any other policy deductible and is usually a percentage of the loss rather than a flat dollar amount.
Some tips on minimizing your loss in the event of an earthquake:
- Turn off all utilities.
- Store an inventory list off premises.
- Keep heavier, breakable items on lower shelves.
- Locate and make others aware of safe spots. (ex: under sturdy tables or in sturdy doorways)
- Danger zones to avoid are near windows, shelves or tall furniture.
Believe it or not, Lancaster County is no stranger to earthquakes. Usually for a small additional premium you can protect your assets from this type of catastrophe. Contact our service staff for more details.
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