earthquake coverage News

Palomar Specialty Expands Residential Earthquake Product Into Additional States

Palomar Specialty Insurance Co. has expanded its Flex Choice residential earthquake insurance product into the following states: Arkansas, Tennessee, Kentucky, Illinois, Indiana and Utah. Flex Choice allows consumers to customize their residential earthquake coverage to meet their specific needs and …

All Risks Launches Commercial Earthquake Program

All Risks, Ltd. has introduced a new Specialty Property Earthquake Program with an exclusive A.M. Best “A” rated carrier. The Specialty Property Earthquake Program provides difference in conditions insurance, including earthquake, earthquake sprinkler leakage and flood to commercial entities. Eligible …

Palomar Launches Equity Protector Residential Earthquake Product in California

Palomar Specialty Insurance Company has launched Equity Protector, a residential earthquake insurance policy in California. Equity Protector provides for the protection of $50,000 or $75,000 in Coverage A – Dwelling losses above an industry low 1 percent deductible. The new …

Oklahoma Commissioner to Insurers: Clarify Earthquake Coverage

In response to a growing number of questions from consumers about earthquake coverage, Oklahoma Insurance Commissioner John D. Doak has asked property/casualty insurers in the state to send each policyholder a clarifying notice of earthquake coverage. In announcing the new …

San Andreas Movie: Facts Within Fiction

Released in late spring 2015, the movie San Andreas tells the story of massive earthquakes devastating California as a helicopter pilot and his (formerly estranged) wife try to find and rescue their daughter. Having defeated the likes of genetically engineered …

Palomar Specialty, Civil Service Employees Insurance to Offer Earthquake Coverage

Palomar Specialty Insurance Co. has partnered with Civil Service Employees Insurance Co. to offer a comprehensive residential earthquake solution for CSE’s customers. Palomar Specialty’s residential earthquake product will be offered through an online platform that is accessed by CSE’s agents. …

Earthquake Gap: Insurance Sales Falling As Risk Rises

While earthquake risks are rising in the U.S., fewer homeowners nationally say they have earthquake insurance, creating a potentially huge gap in coverage, according to the Insurance Information Institute. That’s a problem, the I.I.I. said, with the potential cost of …