| Personal Property |
Included |
Covers damage to your customer's belongings, such as TVs and furniture. |
| Coverage Limits |
Up to $25,000 |
Available in limits of $5,000 or $25,000. |
| Deductible |
5%-25% |
Claim-payment example:
- If your customer has $25,000 in Personal Property coverage, and
- They have purchased a 5% ($1,250) deductible, and
- An earthquake causes $20,000 in damage to their covered belongings, then
- They will receive a payment for $18,750 (the covered damage, less the deductible, up to the limit purchased).
|
| Loss of Use |
Included |
Covers additional living expenses if your customer needs to live and eat elsewhere because earthquake damage or a civil authority prevents them from residing in their rented house, apartment, or room.
|
| Coverage Limits |
Up to $100,000 |
Available in $1,500, $10,000, $15,000, $25,000, $50,000, $75,000 and $100,000 limits. |
| Deductible |
None |
There is never a deductible for Loss of Use. |
| Emergency Repairs |
Included |
Covers earthquake-damage repairs that are needed to protect your customer's personal property from further damage (example: if there is a hole in your customer’s roof and they have to buy a tarp to cover their personal belongings to protect them from a rainstorm).
|
| Coverage Limits |
$1,000 or 5% of Personal Property coverage |
If your customer's rented house, apartment, or room is damaged by an earthquake, Emergency Repairs will cover up to $1,000 to protect their personal belongings from further damage.
|
| Deductible |
Emergency Repairs are paid, up to the limit, after your customer's Personal Property deductible is met |
There is no deductible for Emergency Repairs. Emergency repairs begin after the Personal Property deductible has been met.
|
| Breakables |
|
Not available for new policies written on or after August 1, 2023 and renewals on or after November 1, 2023.
|