When you are living near a fault line without earthquake insurance, your homeowners insurance won’t cover a thing.
Many people believe that their homeowners insurance policy will kick in if their home suffers damage caused by an earthquake. The same goes for flood insurance: many people falsely believe their home insurance will cover damages. But unlike flood insurance, neither the federal government nor your insurer requires you to carry earthquake insurance. It’s also worth noting that every state has had a record of earthquakes. It’s common knowledge that the west coast lies on […]