Use this form when a Homeowner client declines Earthquake insurance.
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.
To protect your business, you should require clients who decline Earthquake insurance to read and sign GeoVera’s Earthquake Insurance Declination Acknowledgement. Then save this document with your records.
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.