Earthquake insurance coverage

I’m curious if people are buying it for their Brooklyn homes.  Seems like it’s around an extra $1000 a year depending on carrier.  Thanks

cobblehillhome

in Insurance 13 years and 7 months ago

6

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6 replies

brokelin | 13 years and 7 months ago

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Should have typed faults, not plates.  google it.  Indian Point is very unfortunately sited on the intersection of two of these areas.l

brokelin | 13 years and 7 months ago

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Sounds worth it to me. The reason you have not heard of damage is because the plates of the earth under ny are way overdue for a big one…could happen any day.  brick brownstones will crumble.

bisteak | 13 years and 7 months ago

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We have $500k earthquake coverage; it added $70 per year to our premium.

kidbklyn | 13 years and 7 months ago

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It’s right up there with gas line insuance.

daveinbedstuy | 13 years and 7 months ago

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One of the crazier things I’ve heard

timber | 13 years and 7 months ago

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seems totally unnecessary imho  –  when have you heard of an earthquake that has caused any damage in the NYC area?