types of insurance policy
Earthquake Insurance
Earthquake insurance protects plan holders from property damages caused specifically by earthquakes. You may ask why there is a special type of insurance for this. Well, the fact is, most property insurance packages do not cover damages caused by earthquakes.
What is Earthquake Insurance?
Despite the fact that many people live in areas where earthquakes can happen, very few people actually have earthquake insurance. People who live in places that are especially prone to earthquakes should consider it. While not available in most property insurance packages, it can be purchased as an add-on.
Many earthquake insurance plans have a high deductible. A deductible is that portion of a claim not covered by the insurance policy which the holder must pay before the claim can be processed. The deductible can be anywhere from five to fifteen percent of... http://insure.ucoz.com/news/types_of_insurance_policy/2013-05-27-2619
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