San Diego Earthquake Spurs Reassessment of Earthquake Insurance Needs

In the wake of a 5.2 magnitude earthquake in San Diego County, the strongest since 2010, local homeowners are revisiting the need for specialized earthquake insurance. This incident highlights the importance of understanding and obtaining earthquake-specific coverage, which is not included in standard homeowners policies.

The California Earthquake Authority, along with various private insurers, offers these specialized policies, tailored to provide protection against significant earthquake damages. Independent insurance agency owner Karl Susman underscores the necessity of shopping around for earthquake insurance, emphasizing the considerable variances in rates and coverages offered by different providers. This event serves as a crucial reminder for homeowners to assess their insurance needs concerning natural disasters, underlining the distinct nature and requirements of earthquake insurance in regions prone to seismic activity.