Earthquake Insurance Basics

CAT Risk

What is Cat Risk? Catastrophic Risk and Catastrophe Insurance, briefly explained Who Insures Cat Risks? It is said that Catastrophe Insurance is insurance for certain “low probability high cost events.” Events that are typcally excluded from typical homeowners insurance. The Catastrphofic risks, CAT for short include: Flood, Earthquake, Hurricane, riot, and even terrorist events. A…
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2023 Quake Alert Triggered in California

On October 18th at 9:29AM in the morning the automatic quake alert system went off. A 4.2M tremor triggered the alert system. According to Insurance Journal: “The tremor triggered a warning from the West Coast`s ShakeAlert system, which detects the start of a quake and sends alerts to smartphones in areas expected to experience shaking.”…
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An AI Earthquake Insurance article Gone Awry

AI or Artificial Intelligence is out there and it is being used more and more. AI can be a great product. However relying on it for specifics about insurance – could potentially be dangerous. To that end QuakeCov attempted to use a somewhat famous new AI tool to produce this article, specific to Earthquake Insurance.…
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Earthquake Insurance for Personal Property

Everyone knows that earthquake insurance is needed if you own a house. Although few purchase it. But can you get earthquake insurance is you rent a property? Thoughts on Earthquake Insurance for Renters How to procure Quake Insurance as a non property owner Is there a Value in getting Earthquake Insurance as a Renter? First…
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Earthquake Insurance for your Auto

Where do you purchase Earthquake Protection for your Auto Policy Does Comprehensive Auto Coverage cover for Earthquake Damage Do you Need a Separate Policy to cover your Auto from Land Movement? Do you Need a Separate Policy to cover your Auto from Land Movement? In general, you do not need a seperate auto policy to…
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The Little Secret of Aftershocks on Earthquake Policies

Was the damage done to your house from the initial Earthquake or the Aftershock? The reason that this determination can be so important with an Earthquake policy. How to protect your property form the Chasm created by Earthquake Policies. The Secret of Aftershocks on Earthquake Policies Explained: All insurance policies have a start date. Property…
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Seven Interesting Articles about Earthquakes

A couple of interesting articles about Earthquake History, Science, and Economic Costs. So much to read online these days its hard to imagine finding all of the time. Information about earthquakes though can be challenging to find. This blog – QuakeCov, which is dedicated to independent earthquake insurance issuance – also covers other aspects of…
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Mercalli Scale

What is the Modified Mercalli Intensity Scale? How is the Mercalli Scale Used The Mercalli and its Insurance Value: an Observable Data Measurement Tool. The Modified Mercalli Intensity Scale: Modified Mercalli – All about Observable data. The Mercali scale is an “arbitrary ranking based on observed effects” and is used for measuring shaking. It does…
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The Nuclear Hazard Exclusion on a CEA Policy

The California Earthquake Authority has numerous exclusions on their property insurance policy form… One of those many exclusions is a “Nuclear Hazard”s exclusion. Is your property covered by a nuclear issue on your CEA policy What is Nuclear? Cambridge defines “Nuclear” in one of two ways: “being or using the power when the nucleus of…
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Earthquake Insurance Definitions

In the world of insurance, definitions mean a lot. Earthquake insurance definitions are no different. In many cases some of these definitions may be the same as the science definition, but in other cases it may not be. With all forms of insurance it is useful to read your own policy to check if your…
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