Top 15 Earthquake Insurance Companies

August 21, 2019

  • August 21, 2019 at 1:13 pm
    PolarBeaRepeal says:
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    The DPW stat is easy to obtain, and informative.

    However, reviewing the top 15, I think their portfolios are dissimilar, and may even be highly heterogeneous by geographic territory within each provider; e.g. CEA is 100% in CA, whereas EQ exposure exists in all 50 states.

    A more insightful stat would be amounts of insurance by state and territory within state. Epicenters of EQs are a good indicator of potential exposure to insurers. So, the impact of EQs on the top 15 companies listed would likely vary, perhaps greatly.

    • August 21, 2019 at 1:24 pm
      Agency says:
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      Polcar states: “I think their portfolios are dissimilar”

      That is the beauty of the marketplace, different products for different people.

  • August 21, 2019 at 1:35 pm
    Jack says:
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    Even more telling is the EQ deductibles they slip in on their policies. State Farm here in SC will put a 10% and even a 15% deductible, USAA will hit you with 10% as well. Customers don’t have a clue most of the time. Add to that, brick veneers not covered most of the time.

    • August 22, 2019 at 7:39 am
      CL PM says:
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      And how would you do it differently if it was your capital on the line?

  • August 21, 2019 at 5:42 pm
    Retired Agent says:
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    I am in the New Madrid earthquake zone. My personal coverage is with a national independent agency company.
    Coverage A 600k. I carry a $2,500 ded with an EQ ded of 15% including brick veneer. Twenty-five plus years ago I had one carrier withdraw from writing EQ. We rolled that book to another carrier and they could not understand why we also rolled the personal auto book. I had one carrier put a limit on how much EQ we could write. We rolled their book of business. Thirty-five years ago all our EQ coverage had a 2% ded. Times change



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