earthquake coverage can be added by endorsement to most homeowners policies, or, if you are insured by a company who does not write Earthquake, like Allstate, you can buy the stand alone coverage from a separate company. I believe Allstate agents are able to refer their clients to a company that will write the earthquake exposure.
Large deductibles usually apply, State Farm recently went to 20% (of property value) and other carriers are following suit.
State Farm is at 20%? I think that depends on what state you live in. In my state the deductible is 2% or 5%, depending on whether or not you want coverage for masonry.
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Is this coverage in conjunction with homeowners, or can it be purchased on a stand alone basis for residential properties?
earthquake coverage can be added by endorsement to most homeowners policies, or, if you are insured by a company who does not write Earthquake, like Allstate, you can buy the stand alone coverage from a separate company. I believe Allstate agents are able to refer their clients to a company that will write the earthquake exposure.
Large deductibles usually apply, State Farm recently went to 20% (of property value) and other carriers are following suit.
State Farm is at 20%? I think that depends on what state you live in. In my state the deductible is 2% or 5%, depending on whether or not you want coverage for masonry.