Earthquake Insurance 2

Definition of "Earthquake insurance"

Vena Herald Coldwell Banker Residential Brokerage

Coverage that can be purchased as an endorsement to many property policies such as the Standard Fire Policy or as a separate policy. Coverage is for direct damage resulting from earthquake or volcanic eruption. If there is a lapse of at least 72 hours between earthquake shocks, then each loss by a given earthquake is subject to a new claim. Excluded are losses resulting from fire, explosion, flood, or tidal wave.