Coverage that lowers your clients' deducticles
In many cases, deductibles on Earthquake insurance can be prohibitive, leaving insureds stranded. With our Earthquake Deductible Buyback coverage, you can lower their exposure to as low as 2.5%. And it's all done via the Abacus online portal.
EARTHQUAKE DEDUCTIBLE
BUYBACK (CA)
Reduce the deductible on almost any existing residential earthquake policy to as low as 2.5%.
Program Highlights
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.
Territory
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