With some unexpected earthquakes striking the U.S. late last year, some state officials are beginning to take earthquake insurance more seriously. In Shawnee County, Kansas, officials are looking into the benefits of insurance coverage after the county was shaken by several aftershocks stemming from the November earthquake in Oklahoma. Another quake in Topeka, Kansas, furthered concerns as damage was done to some homes and vehicles. County officials have tasked the county’s insurance broker to find affordable coverage that could mitigate further disasters. Recent earthquakes have caused the price of property…
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Oklahoma quake highlights the importance of earthquake insurance
Residents of Oklahoma were surprised Saturday when the state was rocked by a 5.6-magnitude earthquake. The quake caused a significant amount of damage in the state, which is still recovering from a spat of devastating tornados that tore through Oklahoma in August. State insurers have yet to release estimates regarding the cost of damages, but it is clear that the quake caused some damage to homes and businesses in Northern Oklahoma. The quake has been called a once-in-a-century event, though another 5.8 quake struck the state in August of this…
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