Earthquake Insurance…The Key To Your Future

There is no denying the fact that the success of a business depends on the hard work of the team, but one disaster can wipe out your efforts and bring down the profits to dust. So, to avoid such an instance, you need to insure your business, whether it is a small enterprise or a large corporation.  Have you considered earthquake insurance?

“California has more than a 99% chance of having a magnitude 6.7 or larger earthquake within the next 30 years, according to scientists using a new model to determine the probability of big quakes. The likelihood of a major quake of magnitude 7.5 or greater in the next 30 years is 46% – and such a quake is most likely to occur in the southern half of the state.”

Typically, earthquake insurance covers damage to your business and your personal property. Most policies also cover costs incurred to minimize further damage after the earthquake, plus costs for additional expenses. Deductibles are generally 10-15% of the insured amount.

Our Solutions Include

  • Perils:  Earthquake and Flood
  • Limits up to $50mm available
  • A.M. Best Ratings of “A” or better
  • Admitted and Non-Admitted Markets
  • Capacity in all 50 states
  • Deductibles as low as 5% in California and 2% in other states

This information is intended for the client, individual or entity to which it is addressed. These articles contain concepts and opinions, and are not intended to represent the consensus of the insurance or risk community, nor to provide professional legal or tax advice. Please seek professional legal or tax counsel before making any decisions. The information provided does not change or modify any insurance policy, only the actual terms of the in-force policies will govern claim settlements.

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