Earthquake Home Insurance
Earthquake Home Insurance Basics of Home Insurance Home insurance is available to those that own their house or flat. In general, home insurance covers the building that you live in, or part thereof, as well as your personal possessions, liability for damage done to people or their things inside of your home, and the costs incurred if you have to live somewhere other than your home for a time because it was destroyed. Disasters not covered under home insurance include floods, earthquakes and personal neglect of the upkeep. You will need to buy separate insurance to protect your home in [...]
Earthquake Homeowners Insurance
Earthquake Homeowners Insurance Top Five Homeowners Insurance Questions and Answers Got homeowners insurance questions? Here are the top five homeowners insurance questions complete with answers. What does homeowners insurance cover? Homeowners insurance protects your home and your personal possessions from damage due to fire, lightning, burglary, vandalism, and acts of nature. It also protects you against liability lawsuits if someone is hurt in your home and they sue you. How much insurance do I need? You need enough homeowners insurance to cover the cost of rebuilding your home if it’s destroyed, to replace your personal possessions if they’re damaged, and [...]
Earthquake Insurance
Earthquake Insurance Earthquake in China Reveals Archaic Life Insurance Schemes More than $20 billion dollars worth of destruction was the result of the most damaging earthquake in China since 1950, unearthing the realization that the nation’s insurance industry is years behind those of the world’s biggest economies. One official from the China Insurance Regulatory Commission, who refused to be named, stated that only 5% of the cost of the overwhelming mass of damage in Sichuan Province was covered by insurance. When compared to the U.S., and their handling of Hurricane Katrina, the most costly storm in their history, which was [...]