Earthquake insurance is a type of insurance that specifically covers damage caused by earthquakes. Standard homeowner’s insurance does not cover earthquake damage, so homeowners in areas prone to seismic activity may need to purchase separate earthquake insurance. Earthquake insurance typically covers damage to the structure of the home and personal belongings, as well as additional living expenses if the home is uninhabitable after an earthquake.

The cost of earthquake insurance varies depending on the location, age, and construction of the home. Homes in high-risk areas, such as those near fault lines, tend to have higher premiums. Earthquake insurance may also include a higher deductible compared to other types of insurance, often ranging from 5% to 20% of the home's insured value. Despite the cost, it can provide crucial protection for homeowners in earthquake-prone regions.