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Commissioner Causey reminds homeowners to check insurance policies after two recent earthquakes in North Carolina

Commissioner Causey reminds homeowners to check insurance policies after two recent earthquakes in North Carolina


Insurance Commissioner Mike Causey speaks to a crowd in Derby. RO file photo

RALEIGH — A pair of recent rumblings in North Carolina have prompted Insurance Commissioner Mike Causey to remind state residents to make sure they're covered for the effects of natural disasters. This can be accomplished by checking with their insurance agent to review their individual policies.

Over the Easter weekend, two small earthquakes were felt in Surry County, both within a few miles of each other. According to the USGS, the first quake was a magnitude 2.3 and struck about 20 miles west of Mount Airy. The second earthquake had a magnitude of 1.5.

“Although North Carolina is not typically known for earthquakes, the damage they can cause is generally not covered under most standard homeowners insurance policies,” Commissioner Causey noted. “However, homeowners can talk to their agents and easily add a seismic endorsement to their policies. I also encourage consumers to obtain alternative coverage for both their homeowners and auto insurance policies.

In 2020, a 5.1 magnitude earthquake, centered in Sparta, was felt throughout North Carolina. This was the strongest earthquake to hit North Carolina since 1916. There were no reports of deaths, but many homes and businesses were damaged.

“For most families, their home is their largest investment,” Commissioner Causey said. “I urge homeowners to protect their investment by ensuring they have adequate insurance coverage, and to ensure they review their coverage with their insurance agent at least annually.”

Although earthquake damage insurance is not part of a regular homeowner, condo, renters, or condo policy, you may be able to add it by purchasing an endorsement (a written change to your coverage that is added to your policy).

For more information about earthquake insurance coverage, visit our website.

Sources

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