The standard insurance policy does not pay for direct damages caused by earth movement. “Earth movement” is a much broader term than “earthquake”. It includes earthquakes, volcanic activity, and other types of earth movement. This coverage may be available by endorsement for an additional charge. If you live in an area that’s more likely to have an earthquake, you’ll pay more than if you live in an area that is unlikely to have one. We can help you weigh the costs and benefits of this coverage before you decide to purchase.
Related FAQs
Usually not. Florida insurers issue a "binding moratorium" when a tropical storm or hurricane threatens the state, which stops them from writing new policies or increasing coverage until the storm ...
Florida homeowners policies must cover "catastrophic ground cover collapse," but full sinkhole coverage is usually optional and costs extra. This matters in Central Florida, one of the most sinkhole-prone regions ...
A wind mitigation inspection documents your home's hurricane-resistant features on Florida's official OIR-B1-1802 form, and insurers are required to offer premium credits for those features. For many Central Florida homes, ...
