INSURANCE SERVICES

There are two important things to know about Earthquake Insurance.

1. Most home insurance policies do not cover earthquake damage. Even if you live in an area where earthquakes are not common, you may still need earthquake insurance.
2. If you are asking yourself if you really need earthquake insurance there are important facts to consider:

In the West: According to the U.S. Geological Survey, there is a 70% probability that one or more damaging earthquakes of magnitude 6.7 or larger will strike the San Francisco Bay area during the next 30 years.

In the East: The Earthquake Education Center at Charleston Southern University claims there is a 40% to 60% chance of a major earthquake somewhere in the eastern United States in the next 20 years.

In the Midwest: According to the Insurance Information Institute, there’s a 40% to 63% chance the New Madrid Fault (which runs through Arkansas, Kentucky, Missouri and Tennessee) region will suffer an earthquake with a 6.0 magnitude in the next 15 years.

Earthquake insurance needs can vary significantly – talk to one of our agents at Ocean Pointe Insurance Solutions today to find out how to get the best price and value on earthquake insurance for you.

Ocean Pointe Insurance Solutions – Protecting one client at a time!