At times homeowners who reside in earthquake prone are do not count in earthquake insurance in their insurance quotes . However, when an earthquake does occur, insurance companies suddenly become flooded with contacts from homeowners ranting about this advantage. But there are policies that exclude earthquake damage coverage particularly in areas with active faults.
The following should be considered when living in earthquake prone areas:
• Premium cost
• Deductible
• Retrofitting
Though earthquake insurance may be costly, it is a good investment mostly when you do not have that enough budgets in rebuilding your home. You should consider also the possibilities of auto insurance quotes and health insurance quotes .