Earthquake Insurance Premiums by State
An East Coast earthquake? Suffering damage from a seismic shift isn’t a risk many homeowners outside of California worry about.
Most standard homeowners, renters and business insurance policies do not cover damage from earthquakes — specifically, the potential losses from the shaking and cracking that can destroy a building and other property.
Nationwide, earthquake premiums written total $2,468,141,000 according to 2009 figures. Here’s a look at the extent to which individuals and businesses have purchased additional earthquake insurance protection. The figures include insurance written by state funds.
- 1. California $1,584,897
- 2. Washington state 134,970
- 3. Missouri 88,542
- 4. Tennessee 59,612
- 5. Oregon 53,777
- 6. Illinois 49,999
- 7. Kentucky 35,141
- 8. Florida 31,645
- 9. Indiana 31,161
- 10. South Carolina 30,515
- 11. Texas 30,264
- 12. New York 29,825
- 13. Utah 29,121
- 14. Ohio 26,665
- 15. Alaska 20,840
- 16. Arkansas 19,113
- 17. Mississippi 17,851
- 18. Nevada 17,708
- 19. Massachusetts 15,207
- 20. Georgia 13,713
- 21. Pennsylvania 13,303
- 22. New Jersey 12,417
- 23. Virginia 10,013
- 24. North Carolina 9,053
- 25. Louisiana 8,430
- 26. Colorado 8,351
- 27. Hawaii 7,878
- 28. Alabama 7,238
- 29. Arizona 6,774
- 30. Maryland 6,559
- 31. Michigan 6,265
- 32. Kansas 5,564
- 33. Connecticut 5,140
- 34. Oklahoma 4,845
- 35. Minnesota 4,242
- 36. Wisconsin 3,796
- 37. Iowa 3,629
- 38. Montana 3,460
- 39. Wyoming 2,902
- 40. Nebraska 2,385
- 41. Idaho 2,372
- 42. Rhode Island 2,218
- 43. New Hampshire 2,217
- 44. New Mexico 1,857
- 45. Washington, D.C. 1,782
- 46. Maine 1,428
- 47. West Virginia 1,352
- 48. Vermont 860
- 49. Delaware 747
- 50. South Dakota 440
- 51. North Dakota 329
Source: SNL Financial LC, Insurance Information Institute
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