Earthquake Insurance
In general, typical earthquake insurance covers the expenses that come with repair or, in some cases, the replacement of damaged property. There are various options to choose from as well- including coverage to protect additional structures (such as detached garages and tool sheds), contents coverage (to protect the personal contents of your home), and even additional living expenses (to cover the cost of temporary housing, food and clothing if your home is destroyed).
Effective Date
The date the coverage begins on an insurance contract (policy).
Endorsement
An amendment to your policy written especially to cover unique items just for you. For example, an endorsement would cover expensive jewelry, sports memorabilia, etc., that wouldn't be covered by basic policy limits. An endorsement is also used to complete a change to your policy that is made during the policy's term (i.e., adding a spouse as a named insured, updating a telephone number, etc.). An endorsement is attached to your policy to modify the original terms of the insurance contract.
Exclusions
Part of an insurance contract that excludes coverage of certain perils, persons, property or locations.
Expiration Date
The ending date of an insurance contract (policy).
Extended Coverage
A clause in an insurance policy or in an endorsement that provides additional coverage for other hazards or risks than those provided under the basic policy provisions.
