What Happens If an Earthquake Damages Your Rental Property?

Living in Washington means enjoying beautiful landscapes, but it also means being prepared for natural disasters like earthquakes. If an earthquake damages your rental property, understanding your insurance options and what steps to take can significantly affect your recovery.

Understanding Earthquake Insurance and Rental Properties

Washington is considered an earthquake-prone state, making specialized coverage especially important for landlords. Standard landlord insurance policies typically do not cover earthquake damage. If an earthquake strikes, repairs or replacement of damaged property may not be covered unless you have a separate earthquake insurance policy. Property owners should consider dedicated earthquake insurance that can help pay for repairs to the building itself, as well as loss of rental income if the property becomes uninhabitable.

What to Do After Earthquake Damage

If your rental property is damaged by an earthquake, consider the following steps:

1. Ensure safety. First, make sure everyone is safe and evacuate the property if necessary.
2. Document the damage. Take photos and make a list of all damaged items or structural issues.
3. Contact your insurance provider. Notify your insurer as soon as possible to start the claims process. If you have earthquake insurance, provide all documentation to support your claim.
4. Communicate. Landlords should keep tenants updated on repair timelines and next steps.
5. Begin repairs. Work with your insurer and qualified contractors to restore the property.

How We Can Help

Our team at American West Insurance Agency Inc. in Seattle, WA is here to help you understand your earthquake insurance options. Contact us today to discuss your earthquake insurance needs and safeguard your rental property.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.