Earthquake Insurance Fergus

Earthquake insurance in Fergus might not be your highest priority. We get it, while Ontario averages approximately 450 quakes a year, it is rare that any of them are sufficiently intense to do real damage. However, it is important to know that climatologists say this may chance. Ontario is overdue for severe quakes in several parts of the province. Sometime within the next 50 years, maybe sooner, we can expect a big nasty shake up.

So while earthquake insurance might not be the most pressing concern in your life, it is worth considering. Better to be prepared than caught flat footed in the event of a disaster. On the plus side, the relative rarity of severe quakes in Ontario mean earthquake insurance is generally a very affordable and easy policy to add to your homestead.

Earthquake insurance covers damage to your property directly caused by the earth’s shaking. This is an important distinction to make. Let's say there is a large quake and it ignites a gas main that causes a fire in your home. Your homeowners policy would cover that. But, let's say the quake didn't cause a fire, it just shook and shook the home until it splintered and collapsed. Your homeowners insurance would likely not cover that kind of damage. As a quick, affordable add-on, earthquake insurance could save you a lot of heartache.

You don't want to be trying to argue the finer details of your policy in the after-shocks of a major quake. Talk to a Staebler representative today about adding earthquake insurance in Fergus to your policy and make sure you're ready for anything the future holds!