Earthquake Insurance

Are natural disasters rare or common enough to buy insurance? We've all  seen the recent natural disasters in the United States and abroad cause a very large impact on our finances. 

If you were to fall victim to a natural disaster, could you pay for the damages out-of-pocket? 

Will your homeowners insurance provide adequate coverage? Probably not.

Could any of us depend on the government for assistance?

Standard homeowners insurance generally does NOT cover damage directly caused by either a flood or an earthquake. 

Federal disaster assistance is usually in the form of loans or grants and is only available if the damage is widespread and very serious, and the affected area is declared a disaster area by the Federal Emergency Management Agency (FEMA). 

If you’re deciding whether to buy earthquake insurance, consider the following questions:

• Do you live in a high-risk area?
• Have you assessed the potential cost of repairs?
• Do you have sufficient resources to repair, replace, or rebuild?
• Can you minimize potential losses by fortifying your property and securing your personal belongings?

Get earthquake insurance quotes by calling (702) 541-0882.