Does Homeowners Insurance Cover Earthquakes?
14231 POINTSview profileTom SheehanAgency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482It can provided that you have talked to your Insurance Professional and have had the coverage endorsed onto your policy. In most standard policies, damage caused by earth movement, earthquake in your example or sink holes as another, is excluded. However, in many if not most cases this coverage can be included by endorsement.Answered on July 2, 2014flag this answer- 14231 POINTSview profileTom SheehanAgency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482Most if not all standard Homeowners Insurance policies list a couple of pretty common exclusions in the language of the contract. Earth movement is one of these common exclusions. That certainly included earthquake damage but also includes sink holes, any form of erosion etc. This coverage can usually be endorsed onto your Homeowners' contract however. The other common exclusion is Flood. Unlike earth movement, flood coverage can never be endorsed on a homeowners policy. The coverage is only available by the purchase of a separate Flood Insurance policy.Answered on September 5, 2014flag this answer
37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaEarth movement is usually excluded in a homeowner’s policy. In California insurance companies are required to periodically offer homeowner’s earthquake coverage. This is generally written as an additional coverage or placed with specialty insurance companies. In some instances the cost for the coverage is greater than the standard homeowner’s policy.Answered on December 26, 2014flag this answer
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