An East Coast earthquake? Suffering damage from a seismic shift isn’t a risk many homeowner’s outside of California worry about.
Most standard homeowners, renters and business insurance policies do not cover damage from earthquakes — specifically, the potential losses from the shaking and cracking that can destroy a building and other property.
Here’s a look at the extent to which individuals and businesses have purchased additional earthquake insurance protection.
includes state funds
Source: SNL Financial LC, Insurance Information Institute