On the 25th of February, the State of Nevada Department of Insurance released their “Earthquake Insurance – Nevada Consumer’s Guide”
After Alaska and California – Nevada comes in third in the country for major earthquakes – major earthquakes are 5.0 and higher in magnitude. Experience and seismic analysis suggest that no area of Nevada is completely safe from earthquakes.
Because of this, it is important for all Nevadans (including businesses) to be properly prepared for an earthquake.
Commercial and homeowner’ policies do not cover damages resulting from earthquakes or movement of the earth, unless endorsed to the policy or purchased separately. The decision to obtain earthquake insurance for personal or commercial property should be based on understanding and tolerance of the risks associated by not having earthquake protection.
Educate yourself by reading the Earthquake Insurance – Nevada Consumer’s Guide.
Seeing how much Earthquake Insurance costs, can be is simple as asking our experts to assist you.
