According to the statistics, every year, the United States experiences 200,000 earthquakes. While most of them are small, some earthquakes can produce devastating effects. However, the majority of Americans do not carry earthquake insurance to protect their houses – there is only 8% of Americans who have it. Here, in Utah, the number is about 14%. If you are thinking about getting this specific policy for your household,  here is useful information that will help you to understand earthquake insurance better. 

What Does Earthquake Insurance Cover?

Earthquake insurance will cover the costs that you sustain from losing your residence in case of an earthquake. There are three main components: your home itself (referred to as a dwelling), personal belongings, and additional living expenses. It will not cover fire that is caused by an earthquake (it will be covered by standard home insurance), damages to vehicles, fences, and pools. Damages to the land are also not covered. If there is any damage caused by a flood or hurricane as a result of the earthquake, earthquake insurance will not cover it – it is covered by flood insurance. 

How Does Filing A Claim Work?

After the earthquake occurred, a policyholder should contact the insurance company and notify them of the event and any visible damages. After filing a claim, an adjuster from the insurance company will arrive to perform an in-depth inspection. Their job is to evaluate the damages and estimate the costs of repairing or rebuilding the house. 

If you live in Salt Lake City or Sandy, UT, you do not have to worry about earthquakes too much. However, they still occur, and it usually happens when you least expect. Therefore, if you want to protect your home and have peace of mind, then earthquake insurance is what you need to get. Christensen Insurance Group serving Sandy, UT is ready to help you to find an insurance plan you need. Do not hesitate to call Christensen Insurance Group today to get more information about earthquake insurance options available.