What does Earthquake Coverage mean? Read on to discover the definition & meaning of the term Earthquake Coverage - to help you better understand the language used in insurance policies.
Typically excluded (along with other earth movement) from most property insurance policies, except ensuing fire. In most cases, earthquake coverage must be purchased by endorsement to a difference-in-conditions (DIC) policy or to an all risks policy. Normally, the coverage provided is subject to a per occurrence sublimit, an annual aggregate limit, and a separate deductible.
We hope the you have a better understanding of the meaning of Earthquake Coverage.