The need for earthquake insurance in high-risk locales should be a top priority for asset protection. Sadly the relative high cost and complexity deters many from purchasing this most important coverage.
Government and non-profit agencies may step in to help after a powerful earthquake causes widespread destruction, but red tape and other delays can prevent swift relief. Thoroughly researching the best policy for the money will reap the rewards of time well spent if an earthquake hits. The policies and the carrier financial profile vary widely. We prefer the Chubb “basic” cover over any other form of quake coverage. It insured the home, appurtenant structures, personal property and living expenses in a far more robust manner than anyone else. In addition, their claims service is the best. if insured by Chubb, you will be first in line to have your home restored.