Why Renters in Seattle Should Add an Earthquake Endorsement to Their Renters Insurance 

Renters in the Pacific Northwest face a seismic risk that standard renters insurance does not cover. The financial exposure is significant: lost furniture, electronics, clothing and other personal property can add up quickly. Without the right earthquake coverage, those costs may come entirely out of your own pocket.

The Gap in Standard Renters Insurance

Earthquake damage may be excluded from renters insurance policies. If a seismic activity topples your belongings or renders your rented property unlivable, your policy may not cover replacement costs or additional living expenses.

How an Earthquake Endorsement Works

An earthquake endorsement is an add-on to your insurance policy that can cover losses caused by seismic activity. Some insurers allow earthquake coverage to be added as an endorsement; others require it to be purchased as a separate policy.

An endorsement or policy can cover:

• Personal property damaged or destroyed by an earthquake
• Additional living expenses if your unit becomes temporarily uninhabitable
• Loss of use costs while repairs are completed

Premiums and deductibles vary depending on your location, building type and the coverage limits you choose. Your deductible may be calculated as a percentage of your insured value rather than a flat dollar amount, so carefully reviewing policy terms with your broker matters.

How We Can Help

Our team will walk you through your options, explain what the coverage includes and help you choose limits that reflect the value of what you own.

Contact American West Insurance Agency Inc. to review your current renters insurance policy and find out whether an earthquake endorsement or a standalone policy makes sense for your situation.

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.