Homes in Pacific Palisades, CA face plenty of threats. Whether it’s fire, flood, or burglary, protecting your home and all that is inside is important. And one thing that can’t be overlooked is the importance of earthquake insurance.
Earthquakes aren’t a regular occurrence, but they are still a threat in Pacific Palisades, CA. And just a minor tremor is all it takes to cause major damage to a home. Foundation damage alone can cost tens of thousands to repair, and if you don’t have earthquake insurance then you could be left trying to come up with that money out of pocket.
Your home is your most valuable asset and protecting it is incredibly important. As such, investing in good Pacific Palisades, CA earthquake insurance is something you can’t afford not to do.
A Lapse In Coverage
The simple fact is that most homeowner’s insurance policies won’t have earthquake coverage. You’ll have to purchase earthquake insurance as a stand-alone insurance policy you’ll keep on your home in addition to your Pacific Palisades, CA homeowners insurance policy. Otherwise, your property may not be covered.
Earthquake Insurance Coverages You Can’t Ignore
The primary thing to think about when buying an earthquake insurance policy is to pay attention to the dwelling coverage limit. This is the part of the policy that covers the main home – your primary dwelling. Check to make sure that the coverage amount here is enough to pay for repairs if something happens.
Some policies may allow you to add additional protection for personal property that is inside the home – everything from a vehicle in a garage to your belongings that may be damaged.
Finally, pay attention to the deductible that you have associated with your Pacific Palisades, CA earthquake insurance policy. These can range from $1,000 up to more than $10,000. The higher the deductible, the lower your overall monthly premium payments will be but the more you’ll be left paying out of pocket.
Is Earthquake Insurance Worth Investing In?
Nobody can plan on earthquakes happening. But you can prepare for them just in case. The easy answer is that yes, earthquake insurance is worth getting – especially when you consider that standard homeowner’s policies won’t cover earthquakes in most cases.
For Pacific Palisades, CA residents, investing in an earthquake insurance policy is one of the only ways to truly be certain that your home is fully protected and that you aren’t left having to pay for repairs out of pocket. But finding the right policy isn’t always easy.
Our office is here to help. If you want to maximize your protection and make sure your Pacific Palisades, CA home is fully protected from earthquakes, contact us to talk to a professional and get your free initial quote. It’s the first step towards peace of mind, and one you won’t regret taking.