Earthquake insurance

Earthquake insurance,

Definition of Earthquake insurance:

  1. Insurance that covers loss of property or damage due to an earthquake.

Meaning of Earthquake insurance & Earthquake insurance Definition



EARTHQUAKE INSURANCE means, This includes buildings and their contents, but each has its drawbacks. There are special policies or licenses because earthquakes do not fall under the standards of homeowners or most commercial policies.

As for insurance, which specifically covers earthquake damage, drivers can include it in property insurance or provide it separately, in both cases there is a greater shortcoming than other property insurance.

EARTHQUAKE INSURANCE means: Earthquake policies are similar to homeowners' usual policies, but with no insurance cover. You choose a one-dollar limit for home insurance and a percentage of this limit applies to personal property and additional expenses (hotel fees if your home is uninhabited). The premiums for these policies are usually much higher if you need to buy them. So far, the only place in California that could get coverage was in the California Earthquake Authority, which offers limited coverage. But the market is open again, and some other companies are offering older policies with better coverage (certainly at higher rates).

You can define EARTHQUAKE INSURANCE as, Insurance that covers damage caused by earthquakes as specified in the contract.



Meanings of EARTHQUAKE:
  1. Sudden and violent earthquakes, sometimes with massive damage caused by movement across the Earth's crust or volcanic eruptions.

Sentences of EARTHQUAKE
  1. The Richter scale failed to measure a large earthquake.

Synonyms of EARTHQUAKE

earth tremor, tremor, convulsion, shock, foreshock, aftershock


Meanings of INSURANCE:
  1. The methods or contracts used by companies or government agencies provide a guarantee of certain damages, injuries, illnesses or death in return for payment of premiums.

  2. Something to avoid the possibility.

Sentences of INSURANCE
  1. Many new lenders buy unemployment or health insurance

Synonyms of INSURANCE

indemnity, indemnification, protection, financial protection, security, surety, cover, defence, safeguard, safety measure, shelter, precaution, provision, preventive measure, immunity