"Does my home insurance policy cover earthquake damage?"

Credit: Channel 7 in Denver and the USGS


A magnitude 3.8 earthquake struck Baca County in southeastern Colorado early this morning.

And did you know that the most powerful earthquakes ever recorded in the continental United States were the New Madrid quakes in 1811-1812 in southeastern Missouri? They changed the course of the Mississippi River and were felt as far away as Boston and Montreal!

An earthquake can happen anywhere. However, earthquake damage is not covered by standard homeowners’ insurance. It must be added by endorsement!

To find out more, please call me.

 

30+ carriers ... 44 states
Auto-home-commercial

720-675-8119

epsinsures@gmail.com
Powered by www.tagins.net



Comments

Post a Comment

Popular posts from this blog

Five things every realtor and mortgage lender must know about insurance

Image
  Credit: www.clutchpoints.com This coming Sunday, the two best teams in the NFL, the Eagles and the Chiefs, face off in Super Bowl LVII. Football is the ultimate team sport. On a great team,  every player has a role and must strive for perfection in executing the duties associated with that role. A successful real estate transaction is quite similar: it is a team effort where everyone has a role and must strive for perfection in executing their respective duties. This includes the realtor, the mortgage lender, the insurance agent, the inspector, the appraiser, and the title professional.  With this in mind, there are five things every realtor and mortgage lender  must know  about insurance. This is not about making you an expert on insurance, but rather about enhancing the process of selling and buying a home. 1) It is imperative that the insurance agent  talk directly to the client . There are certain conversations that the agent needs to have with the client. Just like the realtor
Read more

Important Insurance Update for Realtors and Mortgage Lenders

Image
Credit: www.capecodhrg.com  Please be advised of some  major changes in the insurance world. Waiting until the last minute to set up insurance is never a good idea, even in the best of times. However, because of recent changes in the insurance marketplace , please advise your clients to begin the insurance process  i mmediately after the house goes under contract. ·       Several carriers have suspended operations across entire states . ·       Other carriers are tightening their underwriting standards and adding additional binding requirements. ·       These things are  prolonging the insurance process. ·       Please take this into account when scheduling the closing process. I would advise you to  plan for the process to take a few extra days. If you or your clients have established relationships with insurance agents, I don’t want to interfere with what is working. However, I am always here to help. And please take  2 minutes  to read about  five things every real
Read more

What Do I Do If My Insurance Company Leaves My State?

Image
By Doug Newman A forest fire in Colorado and hurricane damage in Florida. (Photo credits below.) Like all industries, the insurance industry is in a constant state of flux. And over the last few years, economic trends and natural disasters have sent things into overdrive. Hurricanes in coastal areas from Texas to North Carolina, as well as fires in Colorado, California, and other states, have caused several carriers to either suspend or severely restrict new sales in several states. In Colorado, where I live, hailstorms have been a major contributor to this trend. The good news is that you can still get insurance. However, there are five very important things you need to know.   Find a good professional agent with whom to discuss your specific situation and who can make specific individual recommendations . NEVER leave this to the whims of a cell phone app or a call center. Preferably find an independent broker who can shop multiple carriers. Know that your new insurance pol
Read more