Tag: oklahoma earthquake insurance

Oklahoma’s homeowners insurance sector becomes shrouded in controversy

S.Vagus
Oklahoma earthquake insurance coverage

Homeowners claim that insurers are refusing to cover damage caused by earthquakes Controversy has erupted in Oklahoma’s homeowners insurance sector, and earthquakes are part of the problem. Many homeowners have begun issuing complaints that their insurance providers are refusing to cover damage caused by earthquakes. Oklahoma has been rocked by quakes in recent months, with these disasters becoming somewhat more frequent over the past year. Notably, these quakes may be being caused by injection wells, which are used to extract natural gas from the earth. Even homeowners with earthquake insurance…

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Earthquakes cause problems for homeowners insurance customers in Oklahoma

S.Vagus
Oklahoma Earthquake Insurance

Oklahoma homeowners are beginning to feel pressure associated with earthquakes Earthquakes in Oklahoma are beginning to cause some problems for those with homeowners insurance. The Oklahoma Insurance Department notes that many homeowners may be surprised to discover that their homes are not actually protected against earthquakes. The state has been experiencing an increasing frequency of earthquakes in recent years, with some state officials suggesting that tremblers may be linked to the controversial practice of fracking, which involves the use of oil injection wells. Most homeowners may lack the needed earthquake…

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Earthquake insurance sales continue their growth in Oklahoma

G. Turner
fracking oklahoma earthquake insurance

As the state continues to experience one quake after the next, experts are cautioning residents to be ready for more. May was a month that brought a rash of quakes to Oklahoma (which many are blaming on the hydraulic fracturing, “fracking” being conducted in the state), and this has caused homeowners to purchase earthquake insurance, as experts warn that more tremors are likely on their way. This recent trend has been causing this sector of this insurance industry to experience rapid growth. As a person’s home is likely the largest…

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Earthquake insurance takes off in fracking areas of Oklahoma

Julie Campbell
fracking oklahoma earthquake insurance

American scientists have now released a warning that the state could experience a major quake. Scientists in the United States have issued a warning to the businesses and residents of Oklahoma that indicates that they could experience a major quake, and this has caused a spike in the purchasing of earthquake insurance policies. This is an unwelcome added expense for those that are already paying high premiums for tornado protection. Although ground tremors have never been much of a problem in Oklahoma, they do occur on occasion. During the last…

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Earthquake insurance recommendations made following recent activity

Julie Campbell
Oklahoma Earthquake Insurance

The tremors that have been occurring in Oklahoma have caused officials to discuss coverage. There have been a number of homeowners across Oklahoma that have been taken completely off guard when their homes were rocked by tremors, and they are now starting to look into earthquake insurance, particularly as state and industry officials have started to talk about the coverage. There are a number of different things that should be taken into account when shopping for these policies. Experts in and representatives of the earthquake insurance industry have been speaking…

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