If you're not sure whether you have earthquake insurance - and you're thinking it's just part of your homeowners, renters or business policy - then think again, before the big one hits. The same goes for floods.
The Northwest Insurance Council in a release Friday reminded homeowners and business owners “to consider both earthquake and flood insurance because earthquake and tsunami damage are not covered under most standard homeowners, renters and business owners insurance policies.”
Not necessarily to scare anybody, Karl Newman, council president, said, “If your home or business is at risk, it makes sense to consider earthquake insurance and flood insurance – which covers outside water coming in at the surface level, including tsunamis.”
Earthquake insurance is available as a separate policy or as an endorsement to current coverage. For more information – including tips on how to be prepared for an earthquake – visit www.nwinsurance.org/ pr_eqtips.htm .
For information on tsunmai coverage, visit www.nwinsurance.org/ disaster/tsunami.php .
Flood insurance policies are provided through the federal government’s National Flood Insurance Program. Visit www. floodsmart.gov for more information, or call 1-888-379-9531.