Earthquake Insurance in Mount Shasta, CA

Earthquakes are among the most destructive natural disasters in the world and may affect thousands of Americans every year. Given the potential devastation that even a single one of these seismic events could have on your property and, as an extension, your financial wellness, planning ahead with appropriate loss control measures is critical. That’s where earthquake insurance can be a crucial investment.

How Does Earthquake Insurance Work?

As a homeowner, you should first understand that earthquakes are typically not a covered peril under standard homeowners insurance policies. As such, you should plan to take additional steps to ensure adequate coverage, including through an endorsement or separate policy. By doing so, you may be able to file a claim following an earthquake that can reimburse you for losses and damages up to your policy’s limits and minus your deductible. Conversely, lacking coverage could leave you without the means to repair your home, replace your belongings or otherwise financially manage the difficult aftermath of earthquakes.

What Does Earthquake Insurance Cover?

Like many standard homeowners insurance policies, coverage provided by your earthquake insurance endorsement or separate policy generally provides multifaceted financial protection for you and your property. The following coverages are typically included:

• Primary dwelling coverage may help pay for damage sustained by the structure of your home, including its foundations, roof, attached fixtures and electrical and plumbing systems.
• Other structures coverage may provide financial protection for additional buildings not attached to your primary residence, including garages, sheds, gazebos and guest houses.
• Personal property coverage may reimburse you for the contents of your home if they are damaged or destroyed in an earthquake.
• Loss-of-use coverage may compensate you for expenses if an earthquake renders your home temporarily uninhabitable, such as for hotel accommodations, storage and restaurant meals.

Do I Need Earthquake Insurance?

The urgency of your need for earthquake insurance may vary depending on several factors, including your home’s location. According to the Insurance Information Institute (III), 42 states are considered at risk for earthquakes. Because these seismic events can have far-reaching implications, even those far from major fault lines may be affected and should, therefore, strongly consider coverage.

Get the Right Coverage

With over 35 years of experience serving homeowners, families and businesses, Rich Toreson Insurance Agency Inc is more than capable of helping you understand and acquire ideal coverage for earthquakes. Contact us today to get a personalized quote or learn more.