Does a Homeowners Policy cover earthquake damage?
A.The chance of a serious earthquake in Boston or Bridgewater is less than in Seattle or San Francisco that’s for sure. But nonetheless, there is some risk. What’s more, the solid bedrock that underlies most of the Eastern U.S. is an excellent shock transmitter so that areas far removed from the quake center could be affected. Your basic homeowners insurance does not cover earthquake damage. In fact, your basic policy specifically excludes coverage for any damage caused by any type of earth movement or shifting. A simple phone call or e-mail is all you need do to add this coverage. We’ll immediately add a special earthquake endorsement to your homeowner’s policy. The average cost is $75 a year, about $1.44 a week. Back to list.
