Earthquake Insurance Law

Earthquake insurance law refers to the regulations governing insurance policies that cover damage caused by earthquakes. Unlike standard property insurance, which typically excludes earthquake damage, these specialized policies offer financial protection to property owners in the event of an earthquake. Insurers assess risks and set premiums based on factors like location and building standards. Homeowners may need to purchase this coverage separately, as many traditional policies do not include it. Understanding the specific terms and conditions of earthquake insurance is crucial for property owners to ensure they are adequately protected.