Earthquakes may seem like something only West Coast homeowners need to worry about, but you may live closer to a fault line than you think. Unfortunately, the standard home insurance policy doesn’t cover earthquake damage, which many people only discover after the damage has been done. Below are a few things to consider when deciding whether to add earthquake insurance to your policy.

Understanding the Risk

According to the US Geological Survey, the risk of earthquakes extends far beyond California. In fact, their scientists estimate that homeowners in 42 states could suffer earthquake damage at any time. Even central states like Ohio sit close to the New Madrid fault zone, which extends through Western Kentucky into Illinois.

The Severity of Earthquake Damage

High-magnitude earthquakes have the raw power to knock over even large buildings and completely destroy homes. However, even minor quakes can compromise the foundation of your house or send valuable belongings crashing to the floor. Without an additional earthquake endorsement, your home insurance policy probably won’t cover losses caused by earthquakes.

The Cost of Protecting Yourself

Because home insurance rates are based on actual risk, homeowners in most areas of the country can get all the protection they need at very low rates. The affordability makes earthquake protection a great investment, especially when you compare the cost to the enormous expense of repairing earthquake damage. Choosing a plan with a higher deductible can make earthquake insurance even more affordable.

Since 1960, Kramer-Myers & Werring-Dickerson Insurance has been helping homeowners throughout Batavia and Blanchester, OH, protect themselves from the unexpected. They bring a unique, personal touch to the insurance business, and will take the time to find a policy tailored to your needs. Visit their website for more on their home insurance services, or call (513) 732-1461 to request a free quote.