Could 1906 Happen Again? – Part 2

Once a homeowner realizes the need to have earthquake insurance, the question that arises is how much coverage is needed. Here are a few questions you need to ask yourself while determining the amount of coverage you need.

  1. If your home suffers major damage or is destroyed, do you have the resources available to repair it or rebuild to the standard you enjoyed before the earthquake struck?
  2. Where will you stay until you can move back to your home? How long will it be? How much will it cost you and can you afford the expenses?
  3. What about all the possessions you have collected over the years? Do you have the funds to replace the furniture, kitchen appliances, TVs and other electronic goods and clothes that have been lost?
  4. What about your first or second mortgage? Will you be in a position to keep making the payments while financing the rebuilding of your home?
  5. How will the loss of equity caused by the destruction of your home affect you in other ways?

If you put all these factors together, you will find that an earthquake has financial implications that can have a huge impact on your family’s future. Only the right earthquake insurance policy can cover you from all these issues and more and allow you and your family to get back on your feet as quickly as possible and get on with your life. Allied Brokers has been meeting the insurance needs of the Bay Area for over five decades and one of our strengths is the expertise we have in matching insurance needs to the right policy. Representing the major insurance companies in the country, we are able to offer our clients a wide range of policy and overage options and are happy to assist them in making the right decision and getting the best coverage at a cost that is within their budget. Visiting our website at www.alliedbrokers.com will give you information about our services and the earthquake and other types of insurance policies we offer. To talk to us and ask for a free insurance quote, all you need to do is call 650-328-1000. A major earthquake is going to happen and having the right kind of earthquake insurance is the best way to prepare for and recover from a disaster you have no way of controlling.

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