Introduction 

Disaster strikes when you never expect it. This is precisely why it inflicts the most amount of damage. We all know how we cherish our homes. Although the bricks and walls are not what gives your home life, the same bricks and walls protect the life inside it. While natural disasters are impossible to prevent, they are easier to predict and remedy. 

Imagine you and your family experienced a massive earthquake. This earthquake that hit your town has the power to completely destroy your home. Your precious items, belongings and most importantly, memories would perish. While it is impossible to protect your house against a massive earthquake, it is possible to predict and remedy the damage. Although only financial remedies can genuinely get you back on your feet when the place you call home may have been damaged. The systems to predict such a natural disaster helps your family be safe. 

Introducing Earthquake Insurance 

Destruction comes easy, but rebuilding doesn’t come easy; it takes sweat, blood, and tears to ensure that the foundation, the pillars, and the roof are installed. This is why you need to have yourself covered through an Earthquake Insurance plan for your home. It practically ensures that you have a financial safety net whenever you are hit by an earthquake. It only serves it right to have yourself a cover of insurance for whenever natural disasters occur. The earthquake insurance will do just that for you.  

Benefits of EQ insurance 

Standard coverage of an Earthquake Insurance 

Let us tell you precisely what earthquake insurance would typically cover. First, it would protect your home, known as ‘Dwelling Coverage’, allowing you to repair and rebuild your home after an earthquake. Secondly, earthquake insurance would also cover your personal property items such as your Television, furniture, interior objects and so on, known as ‘Personal Property coverage’. Finally, ‘Loss of use coverage’ is where earthquake insurance would cover the cost of living someplace else until your home is repaired and restored. 

Target markets for EQ insurance 

How do you know if you need earthquake insurance? 

As the name would suggest, ‘earthquake insurances’ are mainly recommended for areas susceptible to earthquakes. You will recognise the need for insurance if you’re close to active faults, have constant seismic activity surrounding your neighbourhood, or even if there is a high amount of rainfall in your area. Earthquakes are rarely a common sight daily, but they occur frequently or irregularly. Still, whenever they hit, it is sure to leave a mark. Hence, it is recommended that you have your home covered with insurance if you live in an area prone to earthquakes. 

Conclusion 

Protecting what we value is a core value of humankind. So why not extend that same cycle of emotional evaluation to cover the place we call home. Its sentimental value alone is worth protecting. Prediction and preparedness are two procedures that one must not discard, prediction helps save your family and preparedness helps you bear the financial stress of restoring your house after an earthquake. So, let’s give ourselves a break and get yourself an earthquake insurance scheme. 

CIII Insurance Services is a general independent insurance agency with a broad range of Commercial, Employee Benefits, and Management Liability products. We have aligned ourselves with some of the finest carriers to deliver these products to you. Contact us.