Earthquake Insurance

Earthquake insurance is a highly recommended insurance in most parts of California. By the reason of, its susceptibility to experiencing the said disaster. Each year Southern and Eastern California have about 10,000 earthquakes. The recent earthquake that was recorded was last July 4 and 5, 2019 with a magnitude of 7.1. Furthermore, it lasts for about 12 seconds and is felt by millions of people. It hit Southern California with the casualty of damages to infrastructure. This insurance pays for the cost of damage repair, partial or total destruction of buildings that are associated with an earthquake. Homeowner’s insurance does not cover damages if the cause is the said disaster., this kind of insurance is very useful. Due to the fact that this can cover even the small crack on your home due to earthquakes. However, this kind of insurance features a high deductible rate of 18% to 20% of the total cost of damage.