Earthquake Insurance in Seattle, WA

Earthquakes are among the most devastating natural disasters and may cause extensive property damage and financial losses to even the most well-fortified structures. As a homeowner, you must be mindful of these potential catastrophes and be prepared for the worst. Fortunately, earthquake insurance may supply a valuable financial safety net, potentially limiting your out-of-pocket repair and rebuild costs should your property be leveled by these seismic events.

Is Earthquake Insurance Included in Homeowners Insurance?

Typically, earthquakes are excluded from standard homeowners insurance policies. This means that if you want coverage against these disasters, you’ll need to procure alternative coverage. Earthquake insurance may be available as both an endorsement for your home insurance or as a standalone policy.

How Does Coverage Work?

Like many types of insurance, this coverage can provide financial security and offer critical aid in the aftermath of an earthquake. You might be able to file a claim and receive a payout to assist with the following:

• Structural damage—If your home’s structural elements, such as its foundations, roof, walls and attached fixtures, are damaged by seismic activity, your insurance may help pay for repairs or even a complete rebuild, if necessary.

• Personal property losses—Earthquake insurance can also typically cover the contents of your home. This might include costs for repairing, restoring or replacing furniture, electronics, clothing, appliances and other belongings.

• Additional living expenses—These natural disasters can cause devastating damage that may completely destroy your home or otherwise render it uninhabitable. Fortunately, your coverage may help pay for hotel accommodations, restaurant meals, transportation costs and other expenses if you’re forced to vacate the premises.

How Much Does Insurance Cost in Seattle, WA

Earthquake insurance rates may be influenced by many factors, including the following:

• Proximity to fault lines

• History of seismic activity in your area

• Home specifications (e.g., age, construction materials used and foundation type)

• Estimated total rebuild cost

• Number of floors

• Coverage limits

• Deductible

How to Get Coverage Near Me

Contact American West Insurance Agency Inc. today to learn more about earthquake coverage and find the right policy tailored to your needs.