Nevada is one of the most active states for earthquakes, but most of them occur out in wilderness areas and well away from population centers. Yet, an earthquake is something that Las Vegas residents experience on a regular basis on a very subtle level. Most people don’t realize it when tremors travel through the greater Las Vegas area, but they do occur. Scientists say a large earthquake could strike the area someday, and people need to have the right insurance protection in place.

Most Don’t Carry Earthquake Coverage

There are no known instances of destructive earthquakes striking Las Vegas, partly because the area until only recently was a sparsely populated desert area. But the massive population growth during the past 70 years has transformed the area and exposed far more people and properties to possible earthquake damage. Even if a big one does not strike anytime soon, one of many tremors might result in property damage that might not be covered by standard homeowners insurance policies. Cracked foundations and damaged walls are the most common types of damages from even moderate earthquake tremors, and most homes would not be protected if an earthquake or at least a tremor were determined to be the cause of the damage.

Earthquake Policies Are Affordable

Because they rarely strike and most damages are repairable, the cost of additional earthquake insurance protection is worth the nominal cost. Most insurers realize cracked foundations are the worst they mostly will need to deal with, and that is something they can indemnify while spreading out the cost of the risk among many other policyholders in the area. That makes earthquake insurance one of the more useful and most neglected types of homeowners insurance coverage people could use but do not have in most cases.

Have you ever felt a tremor while in Las Vegas?