{"id":911,"date":"2019-04-12T15:58:17","date_gmt":"2019-04-12T21:58:17","guid":{"rendered":"https:\/\/www.insuringky.com\/blog\/?p=911"},"modified":"2019-04-12T16:00:18","modified_gmt":"2019-04-12T22:00:18","slug":"earthquake-coverage","status":"publish","type":"post","link":"https:\/\/www.insuringky.com\/blog\/earthquake-coverage\/","title":{"rendered":"Earthquake Coverage"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"alignleft\"><img loading=\"lazy\" decoding=\"async\" width=\"275\" height=\"183\" src=\"https:\/\/www.insuringky.com\/blog\/wp-content\/uploads\/2019\/04\/earthquake-us.jpg\" alt=\"Areas in America that should consider earthquake insurance\" class=\"wp-image-912\"\/><\/figure><\/div>\n\n\n\n<p>Most homeowners likely\nknow that, regardless where they live, they may be exposed to a catastrophic\nloss such as flooding. It is definitely not restricted to coastal location.\nHowever, the same cannot be said concerning earthquakes. It is much more likely\nthat only persons living in well-known earthquake areas (such as California and\nAlaska) have a high awareness of its danger.<\/p>\n\n\n\n<p>However, the danger of earthquake exists in several large areas of the\u00a0United States, including a significant part of the Midwest. The New Madrid fault line crosses much of the Midwest, making states such as <a href=\"http:\/\/www.insuringky.com\/endorsements.html\">Indiana, Ohio, Illinois, Ohio, Kentucky Tennessee and Missouri vulnerable to earthquake catastrophe <\/a>(particularly the latter two states). In the last decade, regular activity has been measured in this Seismic Zone.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright\"><img loading=\"lazy\" decoding=\"async\" width=\"280\" height=\"180\" src=\"https:\/\/www.insuringky.com\/blog\/wp-content\/uploads\/2019\/04\/earthquake-NM.jpg\" alt=\"New Madrid earthquake insurance \" class=\"wp-image-914\"\/><\/figure><\/div>\n\n\n\n<p>A recent development is\naffecting this source of loss. Though some questions remain, it appears that\nthe widespread practice of obtaining natural gas via the process of hydraulic\nfracking may be triggering earthquakes in areas that had previously seen little\nto no quake activity. <\/p>\n\n\n\n<p>While many persons may\nbe exposed to the danger of earthquake, only a fraction of such property owners\ncarry the proper level of insurance. Basic homeowner coverage does NOT include\nprotection against earthquakes. Without purchasing specific earthquake\ninsurance, the only protection available for a policyholder is against limited,\nconsequential damage.<\/p>\n\n\n\n<p>Example: The Johnsons\nlove their home on the outskirts of Juneau. While they\u2019ve experienced a number\nof minor earthquakes, in the few years they\u2019ve owned the home: they did not buy\nearthquake coverage. One day a quake occurs and severely damages their home.\nThe quake breaks a gas pipe and a fire erupts. The fire damage is covered\n(though the quake damage is not).<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignleft\"><img loading=\"lazy\" decoding=\"async\" width=\"280\" height=\"180\" src=\"https:\/\/www.insuringky.com\/blog\/wp-content\/uploads\/2019\/04\/earth-ky.jpg\" alt=\"Should I have earthquake insurance if I live in Kentucky\" class=\"wp-image-913\"\/><\/figure><\/div>\n\n\n\n<p>Earthquake coverage is\ntypically quite affordable. It is generally available for a couple hundred\ndollars per year to provide protection for a modest-sized home. While, even in\nareas that are in earthquake prone, such losses are low probability; the\npotential loss severity is so high that purchasing separate protection makes\nsense. So shake up your insurance protection and avoid being totally shaken\ndown by a disastrous quake!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Movement of earth is excluded by most home insurance.  You must buy earthquake insurance separate. <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[984,985,27,987,986,990,992,991,989,988],"class_list":["post-911","post","type-post","status-publish","format-standard","hentry","category-home-insurance","tag-earthquake-coverage","tag-earthquake-insurance","tag-insurance","tag-ky-earthquake-coverage","tag-ky-earthquake-insurance","tag-lexington-earthquake-insuance","tag-lexington-ky-earthquake-coverage","tag-lexington-ky-earthquake-insurance","tag-louisville-ky-earthquake-coverage","tag-louisville-ky-earthquake-insurance"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/posts\/911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/comments?post=911"}],"version-history":[{"count":2,"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/posts\/911\/revisions"}],"predecessor-version":[{"id":916,"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/posts\/911\/revisions\/916"}],"wp:attachment":[{"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/media?parent=911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/categories?post=911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.insuringky.com\/blog\/wp-json\/wp\/v2\/tags?post=911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}