What is Earthquake Coverage in property insurance?

Earthquake coverage in property insurance is an endorsement that can be added to any property insurance policy. This designation allows property owners to customize their coverage to include protection against damages caused by seismic events, which are not typically covered under standard property insurance policies.

By opting for this endorsement, policyholders can ensure that their investment is safeguarded against the distinct risks associated with earthquakes. The endorsement can apply to various types of property, including residential and commercial, and is a critical consideration in areas that are seismically active.

This distinction emphasizes the need for additional coverage instead of assuming it is included with standard policies, facilitating better risk management for property owners.