MLchartDataset catalogue

Earthquake coverage

Term · Insurance and risk management · MLC-T-INS-001245

An endorsement added to a homeowners, renters, or condo insurance policy to cover property damage resulting from an earthquake. Standard policies exclude damage from earth movement, making this separate coverage necessary for protection against shaking, cracking, and related structural failures. This coverage is subject to a separate, higher deductible, calculated as a percentage of the dwelling's insured value, ranging from 5% to 25%.

Table 1. Record
IdentifierMLC-T-INS-001245
FieldInsurance and risk management
SubjectPersonal Lines
Record as JSON 
{
  "id": "MLC-T-INS-001245",
  "term": "Earthquake coverage",
  "field": "Insurance and risk management",
  "definition": "An endorsement added to a homeowners, renters, or condo insurance policy to cover property damage resulting from an earthquake. Standard policies exclude damage from earth movement, making this separate coverage necessary for protection against shaking, cracking, and related structural failures. This coverage is subject to a separate, higher deductible, calculated as a percentage of the dwelling's insured value, ranging from 5% to 25%.",
  "subject": "Personal Lines",
  "url": "https://mlchart.com/terminology/insurance/earthquake-coverage/"
}

Record 1,077 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.