What is the average cost for earthquake insurance?

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asked Jun 28, 2019 in Insurance by johannamoore (340 points)
What is the average cost for earthquake insurance?

1 Answer

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answered Jun 28, 2019 by Christeen (70,120 points)
The cost of earthquake insurance coverage will depend and vary from location to location and from insurance company to insurance company.

Although earthquake insurance is not all that expensive with an average cost from as low as $100.00 annually to as high as $300.00 annually for earthquake insurance.

You can usually get your earthquake insurance cheaper when you bundle it with your auto insurance or other insurance with the same company.

Also having a good credit score and good insurance score will make your earthquake insurance cheaper than it would be for someone with a low credit score or low insurance score.

But it's very cheap annually to purchase earthquake insurance and can be worth it especially if your area gets a lot of earthquakes.

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