Everything you need to know about insurance basics, like coverage types, limits, cost and more.
Earthquake Insurance 101
When you stand back and look at all that you’ve accomplished and all that you still want to achieve, odds are you also want to protect it. One way to add a layer of protection and peace of mind is with earthquake coverage. Not sure if it’s for you? Here’s how adding this coverage to your current policy may help you recover from an earthquake.
Dwelling coverage. If you own a home or a manufactured home, then you get dwelling coverage with your earthquake insurance to cover the cost of your physical home.
Condo coverage. If you have a condo, your earthquake insurance will help to cover damage to the unit and to permanently installed fixtures and appliances.
Rental coverage. Earthquake insurance for renters adds protection for your personal property and any additions or alterations you made to the unit at your own expense.
Optional coverage. It pays to look at the options available with your coverage to see if you could benefit from having a stronger safety net.
Earthquake deductibles. Earthquake coverage comes with a special deductible that is unlike your typical deductible. Your agent can help you determine the deductible amount for your particular situation.
Earthquakes and other natural disasters are something we can’t prevent. But we can protect ourselves by preparing for natural disasters in a variety of ways. If you’d like to learn more about earthquake insurance, connect with your American Family Insurance agent today.