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Earthquake is a peril that is excluded from a standard property policy. Earthquake risk is one that insurance companies are nervous to insure just because of the chances of catastrophic loss. However, policies do exist that can protect you from a potential earthquake.
Degginger McIntosh & Associates believes it is smart for businesses and individuals to be aware of the earthquake risk that is present in the Northwest. Nearly 1,000 earthquakes occur in Washington every year because of the 100 known fault lines that are present across both Oregon and Washington. Keeping this in mind, companies will want to make sure they are protected from a loss that could occur because of seismic activity.