The recent earthquakes in our area
have raised questions about the need for earthquake coverage. Hunter
Insurance wants to make certain that our policyholders are fully informed.
As a homeowner, it is important to know that damages caused by
earthquakes are not covered under the standard homeowners policy. For an
additional premium (approximately $125), earthquake coverage can be endorsed to
your policy. It is important to note that there is a separate and higher
deductible for this coverage. A home insured for $300,000 of coverage
would have a $15,000 deductible. The largest earthquake to strike Rhode
Island was in 1976 with a magnitude 3.50. It resulted in a little more
than a dish rattle.
We highly recommend that you consult us to review the specifics
regarding earthquake coverage. To learn more, please call us at (401)
769-9500.
