EARTHQUAKE INSURANCE: Managing the Earth Movement Risk for your home or business.
You have three strategies to choose from for protecting yourself from mother nature's earth movement, a normally uninsured cause-of-loss.
1. Don't mess with Mother Nature, in other words, avoid the risk completely. Don't live near a fault, don't live on or near an active volcano, and don't buy or build a home on a steep hill vulnerable to mud slides. If you do, you have to be willing to live with the consequences.
2. For both new and old homes, spend the extra money to reinforce the foundation. Retrofitting a home is a smart decision and worth the money if you are thinking longterm for the home/building.
3. The third strategy is to buy earthquake insurance. It can be expensive however don't risk more than you can afford to lose! Typically, premiums for earthquake insurance in California range from $300 - $10,000 per year.
Call us to see how much the premium can be for your home/condo/townhouse.
For more information contact us at (800) 903 5752 or email at eric@tedmusinsurance.com or visit us at www.tedmusinsurance.com
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