Not exact matches
The secondary issue is the
cost of «hardening» the housing to survive the
major, local natural disasters — flood, fire,
earthquakes, tornadoes, snow, lhasas.
However, this does not include the biggest
cost of all — rebuilding over half
of our dangerous 50 year old schools to prepare for the next
major earthquake.
However, as a rule,
earthquake coverage is not very expensive, especially considering the
cost of repairs and rebuilding after a
major quake.
Earthquake insurance offsets the
cost of major repairs, with a high deductible to keep it affordable.
If your policy does not include
earthquake coverage and you fail to purchase the endorsement, you could find yourself responsible for
major out -
of - pocket
costs if your home is seriously damaged by an
earthquake.