Earthquake Insurance

Earthquake insurance is an essential consideration for homeowners looking to financially safeguard their property and belongings against the unpredictable nature of seismic events. While standard homeowners insurance typically excludes earthquake damage, a specialized earthquake insurance policy can offer crucial financial protection.

What Is Earthquake Insurance and Why Do I Need It?

Earthquake insurance is a specialized coverage that can help financially protect your home and belongings from earthquake damage, which is not typically covered by standard homeowners or renters insurance. Although Pennsylvania is not as seismically active as some other states, it has experienced earthquakes in the past, and older buildings in the state may be particularly vulnerable to damage.

What Are the Coverage Options for Earthquake Insurance?

Earthquake insurance typically offers the following:

• Dwelling coverage can help financially cover the structure of your home, including attached structures like garages and foundations.

• Other structures coverage can offer financial protection for unattached structures such as sheds, carports and storage buildings.

• Personal property coverage can financially protect your personal belongings like furniture, clothes, appliances and other items.

• Additional living expenses can help cover the cost of living elsewhere if your home is uninhabitable due to earthquake damage.

Can I Customize My Earthquake Insurance Policy?

Earthquake insurance can be customized to fit your specific needs. The following are some ways you can tailor your coverage:

• Deductible options—You can choose from a range of deductible percentage.
• Coverage limits—You can select different coverage limits for your dwelling, other structures, personal property and additional living expenses.
• Additional coverage—Some policies offer optional coverage for building code upgrades, swimming pools and loss assessment for shared areas in condos.
• Customizing your policy allows you to balance coverage and cost according to your specific situation.

Learn More

For earthquake Insurance near you, contact Gerhart, Hartman & Ritner.