Get a quote


Join Our Distribution List Today!

Need help managing your business risks during COVID-19? – CLICK HERE FOR INFO YOU CAN USE
ALIGNED Insurance

Call Toll Free

Earthquake Coverage Explained

Earthquake Coverage Explained

Earthquake Coverage Explained

Click Here For A Commercial Property Insurance Quote

Call Us Toll Free 1-866-287-0448 

Earthquake Coverage def: Typically excluded (along with other earth movement) from most basic property insurance policies, except ensuing fire. In many cases, earthquake coverage must be purchased by endorsement , but is typically included in an “all risks” policy. Normally, the coverage provided is subject to a per occurrence sublimit, an annual aggregate limit, and a separate deductible.

Commercial Property Insurance Def:

commercial property insurance policy is for businesses and other organizations that insures against damage to their buildings and contents due to a covered cause of loss, such as a fire, flood, earthquake, tornado & wind (Click Here For Real Canadian Claims Examples). The policy may also cover loss of income or increase in expenses that results from the property damage. Commercial property insurance policies may be written on a named perils or all perils basis.

What’s The Difference Between Named Perils & All Perils Commercial Property Insurance?

Named Perils – is a commercial property insurance term referring to policies that provide coverage only for loss caused by the perils specifically listed as covered.


All Perils or All Risk- is a commercial property insurance term referring to coverage arising from any fortuitous cause except those that are specifically excluded.

See also: all risks coverage, causes of loss forms, commercial property coverage forms, commercial property policy, difference-in-conditions insurance, named perils coverage, property insurance.

To learn more about what is covered and excluded under your organizations property insurance speak to ALIGNED Insurance Advocate or connect with us at

For A Commercial Property Insurance Quote Or To Have Earthquake Coverage Explained Call ALIGNED Insurance Brokers Today At 1-866-287-0448

ALIGNED Across Canada   100% Canadian owned, ALIGNED is a premiere insurance brokerage that serves more than 1,400 clients across the country. ALIGNED’s offices in Toronto, Calgary and Vancouver are supported by a national operations centre in Cambridge, Ontario. Uniquely within the industry, ALIGNED creates, negotiates and delivers the best business insurance and risk management strategies/solutions to organizations like yours.

Leave a Reply

Your email address will not be published. Required fields are marked *