The rates for insurance coverage depend on the location of your residence, soil on the age of the structure, the type of soil that your home is built on, number of stories in the home, the amount of retrofitting, the estimated cost to rebuild your home and the deductible that you choose. Earthquake protection rates can be surprisingly affordable.
Earthquake insurance policies generally cover damage to your home, will pay for a temporary residence while you rebuild after a large quake, and will pay to replace some of your damaged possessions, less the price of the deductible.
All this information and more is found on the California Department of Insurance website. Check it out for more information–or contact your insurance agent at 1st Community Insurance! We can help you pick the coverage that’s best for you. Located in Palm Springs, we serve the families of Southern California.