Reasons to consider purchasing earthquake coverage

As a resident of the Glendale, CA area, one is certainly aware of the risks of earthquakes; however, not all California residents understand the importance of purchasing an earthquake insurance policy. It is critical to know that earthquake coverage is not covered under a standard homeowners’ policy. The agents at Voi Insurance Solutions, LLC are happy to review the top reasons you should consider purchasing earthquake insurance. 

Structural damage and up to code repairs 

An earthquake can often cause structural damage to a home, which can cost a significant amount of money to repair. By purchasing earthquake coverage, you will not have to worry about paying for the structural repairs. In addition, when you go to repair the damage, the home will need to be brought up to current code, which is also covered under an earthquake policy. 

Federal assistance is not easy to get after an earthquake

Some residents assume that the FEMA will step up and assist with the damage after an earthquake. FEMA does help assist with the immediate aftermath of an earthquake. However, any federal assistance to repair your home will take a long time and will require a significant amount of paperwork. Earthquake coverage will give you the peace of mind that the repairs to your home can be made quickly. 

Loss of use

Many times after an earthquake, homeowners will need to move out of the home while repairs are made to the home. These extra living expenses put a strain on your wallet. Earthquake insurance will help cover your additional costs during the time you and your family are displaced from your home. 

If you are interested in learning more about how earthquake coverage can protect you, make an appointment with Voi Insurance Solutions, LLC today. We proudly serve the Glendale, CA area.