Beautiful mountains at the Whistler Golf Club in Whistler Cananda

Earthquake Insurance

Waht is Earthquake Insurance?

Traditional earthquake insurance covers damage caused by an earthquake by indemnifying pure loss.

Categories: Personal

Also Known As : EQ

What does earthquake insurance cover?

Earthquake insurance provides coverage if your home is damaged by an earthquake. Standard homeowner and renters policies will not cover earthquake damage. Earthquake insurance is a separate endorsement you must buy and add to your homeowner or renters policy.

An earthquake endorsement generally excludes damages or losses from floods and tidal waves - even when caused or compounded by an earthquake. However, if you experience a loss due to a landslide, settlement, mudflow, or the rising, sinking and contracting of earth, your endorsement may cover it if the damage resulted from an earthquake.

There are several options to consider when purchasing earthquake insurance, including:

-Does the policy cover only your home? Are other structures, such as garages, also included?

-Will your policy pay for the contents of your home and for additional living expenses if your home is badly damaged or destroyed?

-Are there any exclusions or limitations to coverage?

-What deductible must you pay before the insurance kicks in?

Why 23113?

23113 is an important local market for The Springer Agency because it includes western Midlothian and higher-value homes with insurance needs that are not always handled well by a basic online quote. Risks in this area can involve custom homes, valuable property, umbrella liability, and replacement cost accuracy. The Springer Agency helps clients review homeowners, auto, umbrella, business, farm, boat, or specialty coverage depending on how the property, vehicles, and household are actually used. The Springer Agency can help western Midlothian and higher-value homes compare multiple insurance carriers, review replacement cost, liability limits, deductibles, water backup, roof settlement terms, and other coverage details before a claim happens. Because every neighborhood and property type is different, The Springer Agency’s independent approach gives clients in 23113 a practical way to match coverage to real local risks.

FAQ coming soon.