Earthquake Insurance
Get an Earthquake Insurance Quote
Premium protection doesn’t have to cost a premium. Grab a free, personalized quote today and see how much you could save.
Call 503-863-5815 or email dorjee@dorjeeinsurance.com to get a quote
Why Earthquake Insurance
- If your budget allows for the extra premium, having this coverage ensures you won’t be left financially devastated if your home is destroyed or heavily damaged.
- Geologists estimate that major earthquakes (magnitude 7.0 or higher) hit the Northwest roughly every 300 years. Since the last major event was over 300 years ago in 1700, the probability of experiencing a catastrophic earthquake in our lifetime is high.
What is Different About Earthquake Insurance
Percentage-Based Deductibles: Unlike standard home insurance which uses a flat-fee deductible, earthquake deductibles are calculated as a percentage of your total coverage limits (typically starting at a minimum of 10%).
High Out-of-Pocket Threshold: Because the deductible is tied to your total dwelling and personal property amounts (e.g., a 10% deductible on $300,000 in dwelling coverage equals $30,000 out-of-pocket), your home must sustain substantial, catastrophic damage before the policy pays out.