It was less than two weeks ago that we experienced an unusual phenomenon in Scotts Michigan. Scotts was the epicenter of an earthquake centered about 8 kilometers south of Galesburg that measured 4.2 on the Richter scale. The quake was easily felt in Kalamazoo Portage and Battle Creek. The Marvin Okun Agency received quite a few inquiries from our policy holders about whether their home insurance policy would cover any losses from the quake.
“Earth Movement”, which includes earthquakes, is a standard exclusion on Homeowners’ policies. This means that any damage that is incurred from an earthquake isn’t covered by the policy. Most policies read something like this:
“We do not insure for loss caused directly or indirectly by any of the following:
Earth Movement means:
a. Earthquake, including land shock waves or tremors before, during or after a volcanic eruption;
b. Landslide, mudslide or mudflow;
c. Subsidence or sinkhole; or
d. Any other earth movement including earth sinking, rising or shifting;
Caused by or resulting from human or animal forces or any act of nature unless direct loss by fire or explosion ensues and then we will pay only for the ensuing loss.”
The good news is we have several companies that will allow you to add coverage for earthquakes to your policy by endorsement. In Michigan, it is not very expensive to add this coverage to your policy, and may help you sleep better at night. After all, a Michigan earthquake can happen.
Contact us for a no-obligation quote.