Did you know that most homeowners insurance policies do not cover earthquake damage? Living in California, earthquakes are inevitable. Taking a look at your policy may show that you are not as protected in the event of a major earthquake as you thought. The one exception is if you have fire insurance. California law says that damage caused by a fire that was the result of an earthquake must be covered as well.
Earthquake insurance covers three main areas. First, your dwelling. This covers your home and any structural damage it may have sustained from an earthquake. Second, personal property. Typically, this is your higher value items such as furniture, TVs, and computers. Third, additional living expenses. This can cover temporary living arrangements (hotel, apartment rental, etc.), restaurant meals, moving and storage.
Earthquake insurance by itself does not usually cover fire damage, floods, vehicles, or land.
For more information on earthquake insurance and how to protect you and your family, contact Palm Desert Insurance today!