telephone icon(410) 312-7800
mcfarlin logo website preheader
Business Personal Bonds Benefits

Maryland Earthquake Insurance

     A few hours ago, the ceiling at McFarlin Insurance began rumbling.  While this is not uncommon as they often have contractors working on the roof, something about this rumble was different.  After a few seconds, all of us realized this rumbling was more than the HVAC technician checking on the cooling tower.  It was an earthquake. 

    After the brief shaking had ceased and we had a good laugh knowing that everything was okay and no one was harmed – the phone began to ring.  “Do I have earthquake insurance?”

    Like many coverage questions we receive, the answer is a firm maybe.

     Under a standard homeowners policy, earthquake coverage is typically not included but can be added cheaply, by endorsement from the carrier (as opposed to flood insurance which must be purchased through the National Flood Insurance Program). 

     Same thing goes for commercial insurance – a standard ISO property policy does not cover earthquake damage but most carriers can include this coverage by endorsement for a minimal increase in premium. While there are specialized property coverages like a Commercial Output Policy (COP) or  Difference in Conditions (DIC) coverage that cover earthquake losses, the stand-alone earthquake endorsement is readily available in Maryland by most carriers.

     What about your car?  Well, earthquake damage is usually not excluded under a standard personal or commercial auto policy PROVIDED YOU CARRY PHYSICAL DAMAGE COVERAGE.  So, the 20-year-old F-150 that you’re only paying liability insurance for?  Unfortunately there would be no coverage in the event the Earth opens up and swallows it.

     Earthquake coverage is available in Maryland via most standard market insurance carriers because, up until today, Maryland has not been historically prone to earthquakes.  A few standard policies even include “throw-ins” that provide small coverage limits at no additional cost.

     Still have questions?  Finished making sure your china cabinet is firmly in place?  Give McFarlin Insurance a call today!  We’ll be happy to take a few moments to discuss your unique situation and offer insightful and cost-effective solutions.

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010

View Mobile Version
Connect With Us: Social Social Social Social

Visit Us

McFarlin Insurance Agency, LLP
8325 Guilford Rd, Suite A
Columbia, MD 21046

Phone: (410) 312-7800
Fax: (410) 312-7808

Site Links

About Us
Business Insurance
Personal Insurance
Customer Service
Contact Us
Powered by Insurance Website Builder