May Newsletter

Most people would not consider South Carolina to be at risk for a damaging earthquake. Earthquake Insurance Coverage may seem to be an unnecessary expense and a waste of money. Let’s take another look!

Did You Know: Earthquakes are common in SC, 10 to 15 quakes occur annually, on average. One third of the quakes are severe enough to be felt by people. Earthquakes in SC have the potential to create devastating loss of property and lives. The 1886 Earthquake in Charleston was the most severe quake ever recorded on the East Coast of the United States. The quake caused severe damage and loss of life. Most South Carolinians are unaware that they live on a Earthquake fault line and that they could be at risk.

Earthquake Insurance: Most basic homeowners policies do not cover losses due to earthquakes. Fortunately an earthquake endorsement on the policy is available. The earthquake supplement usually has a separate deductible especially tailored to address loss in the event of an earthquake. At Morgan & Associates, Inc., we can take a look at your current homeowners policy and recommend an appropriate level of coverage to protect both your property and your family. Luckily, living in South Carolina also means that the cost of the Earthquake coverage is very reasonable.

                                 Call today for a free quote on all your insurance needs!