| "Hawai'i homeowners and businesses reacted to Sunday's earthquakes by calling their insurance agents to see if they could file claims for damages ranging from spoiled food to cracked walls and collapsed carports.
Insurance companies reported they'd had more than 200 claims and that the numbers were rising as people assessed damage. Still, other residents were finding out that they're homeowner insurance policies don't cover earthquakes."
...
"Earthquake is considered a catastrophe like hurricanes or floods, and that isn't covered by the basic homeowner's policy," said State Farm spokeswoman Carolyn Fujioka. She said her company has about 100 earthquake policies for homes statewide and another 300 for businesses."
Click here for the article> |