Many Pleasanton, CA homeowners find it difficult to determine the amount of homeowner’s insurance they need. With the cost of living so high, no one wants to be out more money than they need to, but at the same time, you don’t want to find yourself insufficiently insured when the time comes.

One thing that homeowners fail to consider is the additional types of protection that is offered on top of standard home insurance, such as earthquake insurance. This is an additional expense that should be taken very seriously when you live in an area where earthquakes are common. Here are a few things you should consider when purchasing earthquake insurance. If you need further assistance, feel free to reach out to our team at Miao Insurance Services.

What Type of Damage Tends to Be Caused by Earthquakes?

There is the obvious risk of complete destruction with earthquakes, but this natural disaster can also bring an assortment of threats to your dwelling. Your standard home insurance policy offers protection against structural damage, explosions, fires, gas leaks, etc. However, an earthquake can cause far more damage to your home than any of these threats, and if you do not have sufficient coverage, you will need to pay for the repair/replacement out of your pocket.

What Coverage Does Earthquake Insurance Provide?

Earthquake insurance coverage will vary from one company and policy to the next. However, as a general rule, you will obtain coverage for your home and any replacement costs for your personal belongings. Usually, the policy will offer coverage for additional living expenses in the event you are unable to live in your home due to the extent of damage. Of course, earthquake insurance policies do have coverage limits just like typical homeowner’s policies.

Just like home insurance policies, earthquake insurance endorsements do come in a one-size-fits-all policy. Therefore, it’s important to ensure you’re getting the right coverage for your Pleasanton, CA home. If you need help, contact Miao Insurance Services to speak to an insurance agent.