There are two common mistakes that people make regarding earthquake insurance. One, most homeowners assume their home insurance policy will cover the damages associated with earthquakes and choose not to add additional coverages. And two, even if a homeowner is aware of earthquake insurance, they will opt out of the coverage because they feel it is unnecessary.
Depending on the coverage options you choose, earthquake insurance will cover the cost of your damaged home and any assets that are damaged on your property.
Do not make the mistake of thinking earthquakes are regional or too far in-between - every area of the country is at risk for earthquake damage. Although some areas are much more of a risk than others, no area is immune.