Canon Insurance Releases New Earthquake Facility

March 20, 2009

Canon Insurance Service has added a new in-house earthquake insurance program to its specialty coverages. The expanded coverage can be written anywhere in California, with Canon retaining full authority to quote and issue policies.

This is for commercial property including apartments and condominium or homeowner associations.

The carrier is rated “A+” XV by A.M. Best. Presently, Canon is offering primary limits up to $5million; in the near future, the company expects to also offer $10 million on an excess basis.

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