earthquake Guides

Earthquake Insurance

Earthquake Insurance

Earthquake insurance is a type of homeowners’ insurance which deals with damage due to earthquakes. In regions where earthquakes are particularly frequent, homeowners might be obligated to have earthquake insurance, so that on the happening of an earthquake, people depend less on government calamity funds and more on their individual insurance policies. As a universal rule, earthquake insurance is not a piece of normal insurance policies, and it has to be purchased individually.

Insurance Pool

An insurance pool is a communal pool of property from several insurance companies. Pooling is emp…

Private Mortgage Insurance

Private Mortgage insurance (PMI) is an insurance policy that compensates lenders or investors for…