In our increasingly litigious society, you do not want to risk the possibility of a client suing your agency because you did not inform them of their earthquake loss risks.
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to every homeowner in California.
Scientists warn a massive earthquake can strike California at any moment. It is estimated a 7.0 magnitude earthquake today could displace over 150,000 people and cause billions of dollars in property damage. The risk of earthquakes and their financial toll should be top of mind for every insurance agent and homeowner in California.
For most people, their home is their biggest asset and their equity in it comprises most of their net worth. With every passing year, the likelihood of a major earthquake devastating your clients’ financial stability increases.
GeoVera Earthquake insurance fills a severe coverage gap for your clients.
Standard homeowners insurance policies do not cover earthquake damage, and FEMA grants don’t take the place of earthquake insurance. As a result, most people are not financially able to bear the loss of a home, rebuild that home, and still pay off their mortgage at the same time.
Offering GeoVera Earthquake insurance provides you Errors & Omissions protection. Your clients come to you as an expert in home insurance. Therefore, you should educate them on their risks and liabilities, including that earthquake coverage is not included with the standard Homeowners insurance policy.
California is ranked as the #1 "Judicial Hell Hole", because "it is too hard to ignore the significant lawsuit abuse and liability-expansion occurring in California."
In our increasingly litigious society, you do not want to risk the possibility of a client suing your agency because you did not inform them of their earthquake loss risks.
Offering GeoVera Earthquake insurance provides you Errors & Omissions protection. Your clients come to you as an expert in home insurance. Therefore, you should educate them on their risks and liabilities, including that earthquake coverage is not included with the standard Homeowners insurance policy.
California is ranked as the #1 "Judicial Hell Hole", because "it is too hard to ignore the significant lawsuit abuse and liability-expansion occurring in California."
In our increasingly litigious society, you do not want to risk the possibility of a client suing your agency because you did not inform them of their earthquake loss risks.
You will continue to grow commission year-after-year with little to no effort. GeoVera Earthquake insurance & bundled policies have a very high retention rate.
Over 95% of GeoVera earthquake insurance policies renew annually.
As home equity grows and the risk of a devastating earthquake also grows over time, an earthquake policy can increase in value yearly. It is widely known that bundling more policies for a client will improve the retention rate for all policies. GeoVera’s Earthquake product is the perfect solution to help increase retention rates for all your accounts.
For more information, visit geovera.com/eqagents or contact [email protected]
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