earthquake coverage
Typically excluded (along with other earth movement) from most property insurance
policies, except ensuing fire. In most cases, earthquake coverage must be purchased
by endorsement to a difference-in-conditions policy or to an all risks policy.
Normally, the coverage provided is subject to a per occurrence sublimit, an
annual aggregate limit, and a separate deductible.
See also: all risks coverage,
causes of loss forms,
commercial property
coverage forms, commercial
property policy,
difference-in-conditions
insurance, named perils coverage,
property insurance.
Links for IRMI Online Subscribers Only:
CPI.VII.D;
PRMI 13.E