Personal Insurance News
By the Insurance Experts
Most homeowner policies don’t cover earthquakes
Most homeowner, mobile home, condominium, and renter insurance policies do not cover earthquake damage. About 20 percent of Oregonians have earthquake coverage, which must be purchased separately. Since many homeowners’ biggest investment is their home, earthquake insurance may help protect that investment.
Earthquake risk in Oregon
Experts have recorded more than 6,000 earthquakes in Oregon, most too small to feel, since 1841. The greatest seismic activity in the past two decades occurred in the Portland metro area and the Klamath Falls area.
GeoVear releases their new Quake Select Earthquake product with flexible limits that will be available in Oregon this August!
What is Quake Select?
Available from the highest-rated stand-alone residential earthquake provider in the marketplace, Quake Select is your solution to providing better earthquake insurance for Homeowners in Oregon.
- Coverage A limit of up to $3.5 million
- Flexible coverage limits can be customized to fit the needs of any homeowner
- 8 deductibles to choose from: 2.5% to 25%
Quake Select is underwritten by Coastal Select, part of the GeoVera Insurance Group, the only earthquake insurance carrier rated “A” Excellent by A.M. Best in Oregon.
We pride ourselves in finding the best insurance in Oregon for you, at the best rate with the best coverage, and not just the first time but every time your insurance renews. We will shop your insurance through multiple companies to find you the best option.
