Reduce the deductible on almost any existing residential earthquake policy to as low as 2.5%.
The Earthquake Deductible Buyback program is designed to be a useful and efficient resource to offer across your client base. All California residences are eligible. In addition, there are:
- No age restrictions.
- Flexible coverage terms. The Buyback policy can be written for a term up to 12 months so the buyback expiration date coincides with the overlying policy expiration date. The premium for any term other than 12 months will be calculated on a pro-rata basis, subject to minimum premium.
The program is structured to cover a single location per policy. Clients with multiple locations may obtain multiple policies.