Residential Earthquake

Palomar is a leading insurer for residential earthquake products with a wide-ranging distribution network. Our residential earthquake solutions provide flexible and affordable coverage designed specifically to meet the needs of homeowners, rental dwelling owners and condo-unit owners.

Flex Choice

Available in: AR, HI, IL, IN, KY, MO, MS, SC, TN, UT

Product Overview

  • Stand-alone earthquake policy can be written in conjunction with any H03, DP3, H06 policy providing coverage for homeowners and condo-unit owners
  • Competitive rates calculated at a zip code level
  • Direct bill payment plan options available
  • Bind without payment up front when lender bill

Guidelines & Eligibility

  • Companion homeowners or dwelling fire property insurance required
  • No age, height, foundation or slope restrictions
  • Acceptable construction includes frame, masonry veneer, reinforced masonry, unreinforced masonry (subject to underwriting review)
  • Acceptable occupancies include 1-4 unit family dwellings, condominium units, occupied rental properties, and vacation homes or secondary residences

Coverage & Limits

  • Policy limits up to $15mm total insured value

  • Dwelling coverage must match or exceed the insured’s homeowners or dwelling fire policy
  • Coverages B/C/D/F are optional and customizable and can be selected in an a la carte fashion
  • Deductible options as low as 2.5% up to 25%
  • Deductible applies separately to each coverage section making it easier to recover in a partial loss

Standard/Superior

Available in: AR, AZ, CA, IL, IN, KS, KY, MO, NV, OK, OR, TN, TX, UT, WA

Product Overview

  • Stand-alone earthquake policy to be written in conjunction with homeowners or dwelling fire property insurance
  • Competitive rates calculated based on earthquake zone and building risk characteristics
  • Bill payment plan options available
  • Bind without payment up front when lender bill
  • Condo and renters policy options available in CA

Guidelines & Eligibility

  • Companion homeowners or dwelling fire property insurance required
  • Acceptable construction includes wood frame, steel, stucco/frame, brick veneer, masonry
  • Any pre-existing structural damage due to earthquake must be repaired prior to writing coverage

Coverage & Limits

  • Policy Limits ranging from $5mm to $15mm based on state
  • Dwelling coverage must match or exceed the insured’s homeowners or dwelling fire policy
  • Other structures, personal property and loss of use coverage are fixed limits, or fixed percentages of the dwelling coverage
  • Deductible options vary by state and apply separately to each coverage section making it easier to recover in a partial loss

Value Select

Available in: CA, OR, WA

Offered in partnership with Arrowhead

Product Overview

  • Stand-alone earthquake policy can be written in conjunction with any H03, DP3, H06 policy providing coverage for homeowners and condo-unit owners
  • Competitive rates calculated at a zip code level
  • Direct bill payment plan options available

Guidelines & Eligibility

  • Companion homeowners or dwelling fire property insurance required
  • No age, height, or geographical restrictions
  • Acceptable construction includes wood or steel frame, masonry veneer, and reinforced masonry
  • Unreinforced masonry is ineligible
  • Acceptable occupancies include dwellings, condominium units, occupied rental properties, and vacation homes or secondary residences
  • Retrofitting is not required; however, discounts are available for dwellings built prior to 1973 that are retrofitted

Coverage & Limits

  • Policy Limits up to $15mm total insured value
  • Dwelling coverage must match or exceed the insured’s homeowners or dwelling fire policy
  • Coverages B/C/D/F are optional and customizable and can be selected in an a la carte fashion
  • Deductible options as low as 2.5% up to 25%
  • Deductible applies separately to each coverage section making it easier to recover in a partial loss

Contact us to learn more about our products and coverages

Palomar