Earthquake Personal Property Coverage

Earthquake personal property coverage is a specialized form of insurance designed to financially protect your belongings in the event of an earthquake. While standard homeowners or renters insurance can typically help cover damage from fire, theft or windstorms, it usually excludes damage caused by seismic activity. This is where earthquake insurance steps in, offering financial protection for both structural damage and personal property loss.

Understanding Earthquake Personal Property Coverage

Personal property coverage within an earthquake policy specifically addresses the contents of your home, including furniture, electronics, clothing, appliances and other valuables. If an earthquake causes your shelves to collapse, your TV to fall or your kitchenware to shatter, this coverage may help reimburse you for the cost of repair or replacement.

Earthquake insurance may come with a separate deductible, which can be a percentage of your home’s insured value rather than a flat dollar amount. You may need to cover a significant portion of the loss out of pocket before your insurance kicks in. High-value items such as jewelry or fine art may require additional endorsements or riders for full protection.

Given the unpredictable nature of earthquakes and the potential for extensive damage, having personal property coverage can offer a financial safety net, especially for those living in seismically active regions. When evaluating a policy, consider the replacement cost versus actual cash value options, the deductible amount, and any exclusions or limitations.

Learn More

For earthquake insurance near you, contact Compass of California Insurance Services.

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.