Property & Liability Line
Earthquakes strike suddenly, violently, and without warning at any time of the year and at any time of the day or night. Earthquakes are truly devastating natural events and from the business standpoint, represent risk that is uncontrollable and unpreventable. It is estimated that a major earthquake in a highly populated area of the United States could cause as much as $200 billion in losses. Earthquake insurance decreases the post-earthquake loss burden on businesses and serves as an important tool in transferring the risk of earthquake damage and funding recovery efforts. The V3antage℠ EQ+ Program offers a Difference In Conditions (“DIC”) policy, including Earthquake and Flood coverages, for small to midsized commercial businesses in California and the Western United States. V3antage℠ EQ+ outperforms with consistent pricing, superior service and highly rated capacity. V3 provides non-admitted coverage through designated excess and surplus lines brokers.
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