Tag: oklahoma earthquake insurance

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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Earthquakes in Oklahoma highlight the importance of insurance protection

Over Thanksgiving weekend, Oklahoma experienced several small earthquakes and aftershocks. While Oklahoma is no stranger to earthquakes, the seismic events caused major damage in some cities not fortified against such events. Governor Mary Fallin has submitted a formal request to FEMA asking for assistance. Governor Fallin is looking to have the federal agency declare the seismic events in the state an official disaster. If FEMA does declare a disaster, Oklahoma will gain access to federal funds to aid in recovery. According to state officials, more than 200 homes and other…

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What consumers should know about buying earthquake insurance

Marc

The number of earthquakes in states that are not known for tremors – such as the recent 5.6 point quake in Oklahoma and the earthquakes in Colorado and Virginia this summer – have underlined the fact that flooding, severe weather, and fires are not the only types of natural disaster that can cause damage to a home, no matter where you live. Though California is the state that is at the highest risk of earthquakes, and it is also long overdue for another major tremor, states that consider quakes to…

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Oklahoma quake changes the way people think about insurance

Following the earthquake in Oklahoma many people have opened their eyes to the type of coverage that they do – and do not – have for their homes and belongings. What they’re discovering, far more often than not, is that their insurance coverage does not extend to the type of damage that would result from a quake. Typical renters’, homeowners’ and commercial insurance will not offer protection for a structure or the possessions it contains, should they be damaged in an earthquake. The residents of Oklahoma are asking questions about…

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