Earthquakes not just for Californians Anymore

A series of five earthquakes shook Oklahoma in the early morning of April 16, 2013, with the largest quake measuring 4.3 in magnitude. While California gets most of the earthquake attention, the temblor in Oklahoma serves as a reminder that earthquake insurance is not just for Californians. In fact, according to FEMA, 39 states are at substantial risk for earthquakes with Alaska as the state at highest risk for an earthquake – California comes in second. Charleston South Carolina and New Madrid Missouri saw two of the worst earthquake disasters since recordkeeping began in the United States.

A standard homeowner’s policy does not cover earthquake damage. That means if an earthquake damages your home, the cost of rebuilding your home, replacing your furniture and other personal items, and living elsewhere while your home is being repaired or rebuilt falls to you and that cost can be significant.

It is easy to think it won’t happen in Scottsdale. But earthquakes hit without warning and can cause devastating damage. Is your home in an earthquake risk zone? Contact Prutting Insurance Group and let the insurance professionals assess your home’s earthquake risk and discuss earthquake insurance options with you.