Don't leave cracks in your insurance coverage

Whether you reside in California, the Midwest, or New York, the threat of an earthquake is constant. The fact is there is no place on our planet that is entirely immune from earthquakes. According to the Insurance Information Institute, earthquakes have occurred in 39 states over the last 100 years and inflicted damage in all 50 states.

Earthquake insurance provides coverage for damage to your home, contents, and provides living expenses while your home is being repaired. Standard homeowner’s insurance policies do not cover earthquakes. Coverage is available either in the form of an endorsement or as a separate policy for homeowners and renters. Premiums vary depending on your location, type of dwelling and other factors, with deductibles ranging anywhere from 2-20 percent of the replacement value of the home.

For more information about earthquake insurance, contact your HUB broker today.