What is earthquake insurance?

What is earthquake insurance?

Mark Benthien (Director of Communication, Education, and Outreach, Southern California Earthquake Center ) gives expert video advice on: How do I file a claim with my insurance carrier after an earthquake? and more...

Earthquake insurance is an insurance policy that allows you to recover financially from the losses due to an earthquake. Earthquake insurance is necessary if your home is damaged, if it needs repairs, and also for the property in your home - for recovery of losses due to damages to your property. It's very important, especially if you have a lot of equity in your home, that you have earthquake insurance because of this could be the greatest asset that you have. If the earthquake happens and you lose that property and have a lot of damage to your home, earthquake insurance will help you recover financially.