Eagle Harbor Insurance Blog

Here in the Northwest Earthquake Insurance is one of the most important types of Insurance to add to your Homeowner’s Policy...and yet it is also the most forgotten about. Thinking about Earthquake Insurance requires preparing for the worst, and yet as humans we tend to hold the mind set, “Oh that would never happen to me!” However, looking at where we are located here in Washington state we have to be aware that it very well could happen to us. The question we really need to ask ourselves is, “if it happened could I afford to replace my home?” Most of us would have to answer “No.” In light of this it is extremely important to have Earthquake Insurance.

Earthquake Insurance can be added as an endorsement to your existing policies, or it can be purchased as a stand-alone policy. There are certain underwriting guidelines when purchasing one of these policies. These guidelines are:

• What year was home built?
• Type of foundation?
• Type of construction; frame or masonry?
• Approximate distance to water?
• Is the home located on a steep bank?

Many insurance companies in the State of Washington no longer offer Earthquake Insurance. Consumers may not even be aware that their insurance company is no longer offering this coverage. It is important to call your current insurance company and specifically ask them if they carry Earthquake Insurance.

At Eagle Harbor Insurance we have several different markets that provide Earthquake Insurance, and we will work with you to find the type of coverage you need.

Hello Andy Kosick,

Yes you are right one must have earth quakes insurance when we know there are possibilities of get effect with something like that.

Well while I was searching about different types of insurances I came across to this "Weather Insurance" It was interesting to read.

Hi Andy! Anybody who makes a living selling insurance will definitely be able to relate when you talk about that, 'It won't ever happen to me' comment. I think people need to understand that by taking out insurance, it doesn't mean that bad things will happen! It just means that in the event that they do, they have the coverage they need to resume some sort of normality again. Buying insurance is a smart move always, and when it comes to earthquakes, it pays to be covered.