Palomar Specialty is a leading insurer for residential earthquake products with a wide ranging distribution network. Our flexible coverages have been designed specifically to meet the needs of homeowners.
Product Overview
Companion Homeowners property insurance required
Coverage amount must be equal to the underlying dwelling limit
Dwellings: $75,000 minimum dwelling limit to $5 million total insured value
Deductible Options: 5%, 10%, 15%
Construction Types: wood frame, steel frame, stucco, masonry veneer, masonry
Residence types must be individually owned with 1-4 family dwellings
Sub-limits for other structures, contents, loss of use and code upgrades
All pre-existing earthquake structural damage must be repaired prior to writing coverage
Minimum Premium – $150
Coverage & Limits
Standard EQ Policy
Dwelling
Select Dwelling Limit
Appurtenant Structures
N/A
Contents
$5,000
Loss of Use
$1,500
Loss Assessments
$10,000
Deductible
5%, 10% or 15%
Payment Options
Pay in full at time of bind plus policy fee
3 Pay – 30% down at time of bind plus policy fee – 2nd & 3rd payments include a $5 installment fee
