Earthquake insurance Rates
Let us shop for the best rate for your earthquake insurance.
Why Earthquake Insurance Makes Sense
It’s an exciting time. You’ve been shopping for your first home for months and you’ve finally found the one you want. You put the bid in and congratulations! You are now a homeowner. Your home is your single-most expensive investment you will ever make, so make sure it’s protected.
While the home-buying process was more than likely overwhelming, now comes the part where you protect everything you’ve worked toward. Getting the right insurance coverage for your home.
There are a variety of policies available to first-time home-buyers and an experienced insurance agent should walk you through your options. We have policies to meet every budget, so contact us today for a quote!
Climate Impacts Your Insurance Needs
It seems that wherever you turn, another natural disaster has hit some part of the country. It used to be unheard of for communities in Connecticut to experience an earthquake. But it DOES happen. With the increase in the number of natural disasters impacting regions across the country, it’s obvious that the climate and weather conditions are changing. As patterns become more unpredictable, it’s important to ensure that your assets are protected from the unexpected.
Whether you’re in a home, condo or apartment in Connecticut, you need insurance to protect your investment and your belongings. And believe it or not, adding an earthquake insurance policy can protect your assets in ways a stand-alone policy cannot. Not sure if you need it? Just this summer, Stamford was hit with an earthquake and in January 2015, 12 earthquakes hit Connecticut in the span of just one week.
Should your home be damaged by an earthquake, your traditional home, condo or renters policy would not protect you. This includes other weather disasters such as tornadoes and floods. Adding protection as a supplement to your home insurance policy is a small investment compared to the costs of repairing or rebuilding your home should an earthquake strike.
Protect the Contents of Your Home
An earthquake insurance policy not only protects the structure of your home, it also protects the possessions inside your home. Would you be able to replace the belongings in your home on your own?
While specific coverages for rare or expensive items require additional supplemental policies such as jewelry insurance or fine arts insurance, other items could be replaced with the assistance of an earthquake policy. If your CT home was destroyed, this policy would also provide you with the financial backing to help you rebuild.
Since most Connecticut homeowners are not familiar with earthquake experience, here are some other facts you may not know:
- Connecticut averages 1-2 earthquakes per year.
- The odds of an earthquake that produces damage here is 1 in 20.
Our agents can walk you through the protection that an earthquake insurance policy can provide. Our experts can also answer your questions about the steps that would occur should an earthquake affect you home. Contact us today, and let us shop for your earthquake insurance needs!