Earthquakes in New Hampshire
As a homeowner in the state of New Hampshire, it's important to consider adding earthquake insurance to your existing homeowners insurance policy. While earthquakes are not as common in New Hampshire as they are in other parts of the country, they can still happen, and they can cause significant damage to your home.
Key Reasons to Add Earthquake Insurance to Homeowners Insurance Policies
Here are some important reasons why you should consider adding earthquake insurance to your house insurance policy:
- Earthquake damage is not covered by standard homeowners insurance: Like flood damage, earthquake damage is typically not covered by standard homeowners insurance policies. This means that if your home is damaged in an earthquake, you will be responsible for covering the costs of repair and replacement out of your own pocket. Adding earthquake insurance to your policy can provide you with the protection you need in case of an earthquake.
- Earthquakes can happen anywhere: While earthquakes are more common in certain areas of the country, they can happen anywhere, including in New Hampshire. In fact, New Hampshire has experienced several earthquakes in the past, including a 5.5 magnitude earthquake in 1940. Even a small earthquake can cause significant damage to your home, so it's important to be prepared.
- Earthquake insurance is affordable: Many people assume that earthquake insurance is expensive, but this is not always the case. In fact, the cost of earthquake insurance can vary depending on a variety of factors, including the value of your home and the level of coverage you choose. In many cases, earthquake insurance can be added to your existing homeowners policy for a reasonable cost.
- Federal disaster assistance is not always available: In the event of an earthquake, you may be eligible for federal disaster assistance. However, this assistance is not always available, and it may not cover all of your losses. In addition, federal disaster assistance is typically in the form of a loan that must be repaid, which can create a significant financial burden. Earthquake insurance provides a reliable and consistent source of financial protection in case of an earthquake.
- It's easy to add to your policy: Adding earthquake insurance to your homeowners policy is typically a simple process. You can contact your insurance agent to learn more about your options and get a quote for coverage. In most cases, you can add earthquake insurance to your policy for a reasonable cost, and you can customize your coverage to meet your specific needs.
If you own a home in New Hampshire...
Adding earthquake insurance to your existing homeowners insurance policy is an important step in protecting your home and your finances. Earthquake damage is not typically covered by standard homeowners insurance policies, and earthquakes can happen anywhere, even in New Hampshire. Earthquake insurance is affordable and easy to add to your policy, and it provides a reliable source of financial protection in case of an earthquake. If you're a homeowner in New Hampshire, it's important to consider adding earthquake insurance to your coverage to ensure that you're fully protected in case of an earthquake.