8 Facts about Earthquake Insurance

Table of Contents

CBS recently listed a number of sobering facts about earthquake insurance that anyone from a scesmicly active area - like those of us from the Salish Sea would do well to be familiar with. Most know it isn’t included in standard homeowner’s policies, but even with it beware of the large number of restrictions in comparison to fire or other policies.

The topics covered are:

  1. Deductibles
  2. Personal possessions
  3. Exclusions
  4. Loss of use
  5. Uncovered losses don't count toward the deductible
  6. Cost of coverage
  7. Who suffers catastrophic claims
  8. Mitigating risks

Read the article at www.cbsnews.com/8301-505144_162-57319955/earthquake-insurance-8-things-you-need-to-know/

Tags :
comments powered by Disqus

Related Posts

Securing the D Block for Public Safety–without major fees to telecommunication companies

There is critical legislation regarding public safety organizations’ ability to communicate – without paying telecommunication companies huge fees (subsidies?!). A reprint on one side of this issue follows. (Note that VashonBePrepared has not taken a stance on this or any other legislative to date. We may in the future – our 501(c)(3) tax-exempt status only prevents us from spending a “substantial” portion of our budget for influencing legislation.)

Read More

Greenhouse Emissions Hit Record Level & Germany Ends Nukes

Carbon emissions from energy use reached a record level last year, up 5% from the previous record in 2008, the International Energy Agency said.

Read More

September is National Preparedness Month

ReadyBusiness_LogoSeptember is National Preparedness Month (NPM)! This awareness month is sponsored by the Ready Campaign in partnership with Citizen Corps. NPM is held each September and is designed to encourage Americans to take simple steps to prepare for emergencies in their homes, businesses, and communities

Read More