West Coast Residential Earthquake Insurance

California Earthquake Insurance

Oregon Earthquake Insurance

Washington Earthquake Insurance

Most Homeowners Insurance policies do NOT cover damage caused by earthquakes.  Earthquake Insurance provides coverage for your home and personal property, as well as temporary living expenses.   Some earthquake policies are more customizable than others;  a variety of deductible options and the ability to adjust various coverage line items is always a plus.

WHY BUY EARTHQUAKE INSURANCE?

• Earthquakes are more likely to occur in some areas, the most particular focus is on the Western 3 States of California, Oregon & Washington. In fact, people in 42 states are at risk of earthquake damage to their homes and personal property. In most states other than the 3 Western States, it is more likely that your Homeowners Insurance policy may offer an optional endorsement to add earthquake insurance coverage; since there is less risk on those areas, carriers are more likely to offer an inexpensive option for peace of mind.
• Earthquake damage to your home can be totally devastating both financially and emotionally. Although insurance will only protect you from financial ruin, the emotional issues may linger for a long time.
• Following a devastating earthquake, any outstanding mortgage would still need to be paid. Earthquake Insurance would be the best vehicle of protection from such liability of having to pay a mortgage on a home destroyed by an earthquake.

The United States Geological Survey (USGS) at usgs.gov offers plenty of information regarding earthquakes.

WHAT Coverage is INCLUDED IN EARTHQUAKE INSURANCE?

Dwelling Coverage
This section of your policy Includes protection for the structure of your home.

Personal Property
This section of your policy includes protection for your personal belongings inside your home.

Living expenses
This section of your policy includes coverage for extra living expenses if your home is not habitable and you must live elsewhere while your home is being repaired due to covered earthquake damage.

When should I buy Earthquake Insurance?   The best day to purchase Earthquake Insurance is the day before a major earthquake; but there is no way for you to predict when that will be. There is no time like the present to purchasing earthquake coverage. The devastating blow would be for the earthquake to hit before you purchase your earthquake coverage.

HDA Insurance can provide flexible coverage and multiple deductible options that can accommodate Single Family, 2-4 Unit Homes & Condo Units.  With capacity as high as $10 Million, we can provide catastrophe insurance for all your residential needs.  It’s only a matter of time until we have another major earthquake. Don’t wait until it’s too late. Once the first tremor hits, carriers will automatically place a moratorium on new policies until as much as a month.  If you have sizeable equity in your home, it is a MUST to get coverage,  you could be making a huge financial mistake that you may possibly never recover from.