Earthquake insurance coverage

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

brokelin

in Insurance 13 years and 7 months ago

6

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6 replies

cobblehillhome | 13 years and 7 months ago

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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

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?

daveinbedstuy | 13 years and 7 months ago

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One of the crazier things I’ve heard

kidbklyn | 13 years and 7 months ago

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It’s right up there with gas line insuance.

bisteak | 13 years and 7 months ago

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

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.