Earthquake brings up insurance topics

July 19, 2010
By: Bruce Berry

An earthquake that recently rattled a large portion of the Middle Atlantic region has more homeowners wondering if they should add earthquake coverage to their existing insurance policies.

Various media reports highlighted the 3.6 magnitude earthquake that was recorded last week in Maryland and which was felt in a number of nearby states.

In one of these states, Ohio, WKYC-TV quoted Mike Hansen of the Ohio Seismic Network as saying that homeowners in that state should consider their need for earthquake insurance based on which region of the state they live in. The television station noted that Ohio gets as many as six earthquakes in any given year, while adding Hansen's observation that the western part of the state has "historically had a lot of earthquakes."

A visit to the U.S. Geological Survey's website can provide earthquake history on any state, as well as information on recent seismic activity around the world.

The government information shows that most parts of the country have experienced at least some significant earthquake activity in the past several centuries, which may be of particular interest to those currently considering their home insurance needs.

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