Earthquake & flood (difference in conditions) policies provide coverage beyond that normally provided by standard fire policies. The most commonly provided additional perils are earthquakes and flood. However, additional peril coverage may be provided depending upon the needs of each individual risk.
It happens all the time. Prospective clients are in a jam ... they need a quick solution and they need exceptional creativity. Who can they turn to when looking for earthquake and flood insurance carriers?
Fortunately, there’s RLI. Our underwriting talent is the best in the industry. Just as importantly, our underwriters have the green light to call them as they see them. RLI succeeds by providing excellent service and flexibility through knowledgeable underwriting of catastrophic perils.
When you’re looking for innovative solutions to highly specialized needs — like earthquake insurance in California and throughout the U.S. — look to RLI. You’ll appreciate our expertise. You’ll also appreciate our customer service. RLI underwriters have binding authority. That breeds flexibility, confidence, efficiency, and a level of personalized customer service that is hard to find.
RLI offers coverage of up to $15,000,000 on any one policy or risk in California and $25,000,000 for all other states.
RLI’s earthquake & flood (difference in conditions) policies are available in all 50 states through wholesale brokers located throughout the United States.
The premium charged shall be based upon the earthquake, flood and other peril rates. The rates may be adjusted for ‘‘layered’’ policies (first loss or excess). Policy minimum premiums will be established to reflect current conditions and expenses including, but not limited to: catastrophe reinsurance capacity, portfolio probable maximum loss analysis, and individual risk evaluation and exposure to known earthquake faults, flood zones, etc.
If you would like additional information about our commercial earthquake and flood insurance, please contact an underwriter in an office near you.