If you lived near New Madrid, Missouri in 2000, it would cost just $57 a year to insure your home against an earthquake. With seismic faultlines under your feet that could – and a few hundred years ...
In 2024, more areas of the U.S. experienced earthquakes, leading some homeowners to face what Alaskans and Californians live through and fear: earthquake damage to their homes. “After their ...
LOWCOUNTRY, S.C. (WCIV) — There are millions of low-magnitude earthquakes that occur around the world every year, including the 2.2 magnitude seismic event that shook parts of the Lowcountry Wednesday ...
Insurance companies avoid covering earthquake damage in standard policies due to the risk of large-scale financial losses. If insurance companies were forced to cover the risk of earthquakes under ...
SUMMERVILLE, S.C. (WCBD) — A recent earthquake in Summerville is putting renewed focus on one state lawmaker’s push to require greater transparency from insurance companies when it comes to coverage ...
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Missouri earthquake insurance rates skyrocket - why?
Some companies have left the market, deciding it’s too risky to offer earthquake insurance at all. The Missouri Farm Bureau, for example, no longer offers its own earthquake insurance policy in New ...
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