Earthquake is a natural disaster which can threat a life of common man. Nowadays people are going to buy Earthquake insurance. But one should keep in mind its positive and negative points before applying for it.
Who wants earthquake insurance?
It is mandatory for everyone because the earthquake can come in any area and states. Some areas are more prone to earthquakes, and they need to be insured first by earthquake insurance. In western countries, people are well versed aware with all the cases of the quake and its requirement of a common man in those areas. In some regions, people have to buy it because earthquake damages their home. Sometimes people do not have enough funds to rebuild their homes.
Where to purchase earthquake insurance?
The best way to get the earthquake insurance done is to contact your present house owners and renters company. One should go and ask about the insurance offered by them to all the categories of customers. The type of insurance offered like stand-alone and add-on type policy. The customer should figure out about the coverage provided by the company or not. If it is not offered, then one can look for other companies to get the insurance done.