All risks coverage is property insurance covering loss arising from any fortuitous cause except...
earthquake coverage
Earthquake coverage is typically excluded (along with other earth movement) from most property insurance policies, except ensuing fire.
Additional Information
In most cases, earthquake coverage must be purchased by endorsement to a difference-in-conditions (DIC) 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.
Related Terms
Causes of loss forms are Insurance Services Office, Inc. (ISO), commercial property insurance forms...
Commercial property (CP) coverage forms are Insurance Services Office, Inc. (ISO), CP insurance...
Difference-in-conditions (DIC) insurance is a policy that provides additional limits of coverage...
Named perils coverage is a property insurance term referring to policies that provide coverage only...
Property insurance is first-party insurance that indemnifies the owner or user of property for its...
