What is Earthquake Coverage?
Insurance glossary entry on BeCovered.ai for the term "Earthquake Coverage": Separate endorsement or policy covering earth movement damage excluded on standard homeowners. Scope: plain-language meaning for coverage discussions; confirm definitions on your policy forms.
Separate endorsement or policy covering earth movement damage excluded on standard homeowners.
Understanding Earthquake Coverage
Earthquake coverage has high deductibles (often % of dwelling). Masonry homes and soft-story structures face pricing challenges. DIC policies exist in California markets.
Examples
- California homeowner buys CEA policy with percentage deductible.
- Business EQ endorsement for critical equipment bolted to slab.
Common Questions About Earthquake Coverage
Does homeowners cover tremors?
Generally excluded—earthquake is a distinct peril requiring separate purchase where available.
Does renters need earthquake?
If personal property value and location risk warrant it—EQ policies exist for renters in high zones.
Related Insurance Types
Related Terms
Exclusion
Specific situations, conditions, or types of damage that your insurance policy does not cover.
Deductible
The amount you pay out of pocket before your insurance coverage kicks in.
Coverage Limit
The maximum amount your insurance company will pay for a covered claim.
Endorsement
An add-on or modification to your insurance policy that changes or expands your coverage.