USAA Earthquake Insurance covers more than just loss of use and personal property damage: It also offers protection for:
Earthquake insurance rates differ by insurer and typically cost an average of $3.54 per thousand dollars of coverage.
USAA members can take advantage of discounts on travel, car rentals, home security systems and moving services; gym memberships; meal subscription services and other health-focused items are also eligible for discounts.
Homeowners
Earthquakes can shake even the strongest foundations and cause costly repairs, with many buildings needing expensive renovations as a result of earthquake damage. A standard homeowners, renters or condo insurance policy won’t typically cover earthquake-related claims; however, standalone policies or add-ons may provide coverage depending on where you live and the risk for earthquakes in your region – potentially making their added cost worth your while depending on where your house or building lies in relation to earthquake potential.
USAA provides homeowners insurance that features an optional endorsement for earthquake damage as part of its standard home, condo and renters policies. This coverage will reimburse homeowners after experiencing earthquake-related damages; or replace personal belongings lost as a result.
If you’re interested in adding earthquake coverage to your policy, it is easy and quick to obtain quick quotes online. When inputting your location for more accurate quotes and potential discounts and perks. In addition to gathering quotes online from insurers near your area, get more than one quote so that you can compare their rates side-by-side.
California Earthquake Authority, or CEA, oversees earthquake insurance sales in that state and works with more than a dozen companies to offer policies to residents seeking coverage. Dwelling coverage (the amount your insurer will cover to rebuild your house) typically depends on its estimated construction cost rather than market value; most insurers offer either fixed dollar or percentage deductible options which may impact your rate.
There are various strategies available to you in order to reduce your insurance premium and make your house more earthquake-resistant, including bolting it to its foundation and bracing the building, as well as securing cabinets and bookshelves to walls. Furthermore, “earthquake hold” museum putty can help secure items on shelves while refrigerator locks will prevent doors from shaking open and spilling their contents out onto the floor. Furthermore, CEA offers discounted rates for homes retrofitted in order to be more earthquake resistant – including measures that reduce fire risk by securing gas lines and water pipes against potential earthquake damage.
Renters
USAA renters insurance provides the ultimate protection for your apartment, house or dorm belongings from property loss and liability. Your personal possessions will be covered against theft, accidental fire or natural disaster damage as well as extra living expenses if repairs make your home uninhabitable due to covered repairs. USAA is available in most states as well as Washington D.C. For added savings you could bundle it with auto coverage; use a home security system; install automatic sprinklers or live on one of the military service academies as these factors could save money off of premiums!
Depending on the value of your valuable items – like jewelry, electronics or guns – add-on insurance may provide adequate coverage. A standard renters policy only typically covers up to $100,000 of personal property coverage; additionally, Renters Warehouse offers optional features like pet coverage and home renovation warranties as well as 24/7 claims reporting app that makes filing claims convenient.
USAA rates were among the lowest we found during our rate analysis. A typical policy costs just $12 monthly to protect a household with $30,000 worth of belongings – that includes up to $100,000 personal property coverage and $1,000 liability protection! In addition, USAA also offers an added protection package specifically for electronics that adds extra layers of coverage.
USAA provides replacement cost coverage on electronics rather than actual cash value, which means if a computer gets damaged in a fire, USAA will issue you a check to cover its replacement price. Furthermore, this company also provides flood and earthquake coverage – something not offered by most other insurers – plus several military community perks exclusive to USAA policies.
Auto
Earthquake insurance isn’t mandatory, but if you live in an area at high risk for earthquakes it could be wise to secure yourself with coverage. USAA offers earthquake coverage as an endorsement or separate policy and also through their National Flood Insurance Program (NFIP) available exclusively for members.
USAA homeowners policies offer full earthquake coverage that includes rebuilding costs as well as personal items, including furniture, clothing and household goods. Loss-of-use coverage reimburses expenses related to being unable to stay in your home after experiencing covered losses – although usually with earthquake insurance there will be a deductible to meet.
USAA provides discounts on its auto, homeowners and renters insurance for military service members and eligible family members of service members. In addition, USAA provides members with banking products, credit cards services, investments options and retirement planning planning products and services.
USAA car insurance policies cover damage from earthquakes provided you have comprehensive coverage in place. This option is available across most states except New Mexico and Hawaii where earthquakes occur less often.
Earthquake damage isn’t typically covered by collision insurance policies, which only cover damages to your car when colliding with another object. Instead, comprehensive policies include earthquake coverage as part of their coverage for fire, wind and flooding damages as well as more traditional collision damage claims.
At USAA, you can get more information about their rates by entering your ZIP code at the top of this page and answering a few questions to receive customized quotes and select a policy tailored specifically to you. Alternatively, visit their website where there are extensive explanations of each policy as well as customer testimonials; USAA also provides eligibility criteria such as military service members who are active, retired or separated under honorable conditions are eligible to join and apply for insurance through USAA.
Life
Many homeowners insurance providers now provide earthquake coverage as an add-on to standard policies; in states with higher seismic activity risk, standalone earthquake policies may also be available.
USAA provides both types of coverages, with their homeowner’s policy providing several extras not typically found elsewhere – like personal property coverage as well as damage to structures like swimming pools. Furthermore, USAA covers debris removal costs which typically only have limited coverage in most standard policies.
USAA provides ordinance or law coverage, which helps cover additional costs incurred from rebuilding homes that exceed local building code regulations. While other homeowner policies typically don’t include this coverage, USAA offers it through their Home Protector coverage endorsement.
USAA earthquake coverage rates tend to be more cost-effective than that offered by other companies; USAA rates in California for instance are lower than their competitors’ coverage. USAA bases its quotes on both earthquake frequency in your location as well as your home construction material type – for instance brick and stone homes have greater risk than wood frame homes from earthquake damage.
USAA life insurance policies are more cost-effective than many other providers’ plans, offering several unique features not usually found elsewhere – accidental death coverage as well as preexisting health conditions and terminal illness coverage are available through USAA plans, while no-exam policies make getting coverage even if customers have health concerns easier for customers.
To be eligible for membership with USAA, individuals must either be active military service members, retired military personnel or veterans who have received either an Honorable Discharge or General Under Honorable Conditions discharge. Eligible family members such as spouses and children are welcome to join. Even if you’re not part of the military, some products from USAA may still be purchased; however, such as life insurance policies may only be available in New York or Montana.