Commercial Earthquake Insurance

Get an online Commercial Earthquake quote!

• Download written instruction on the online quoting process here.
• Watch video instruction on the online quoting process.
• Download a FAQ on the online quoting process here.
• For login issues or new user registration, email crcearthquake@crcgroup.com.

Additional Information:

• Terrorism Coverage – On July 7, 2003 the United States Department of Treasury issued a final rule excluding Earthquake Insurance from participation under the Terrorism Risk Insurance Act
• IIABCal Program has obtained clarification from the California Department of Insurance advising that this program no longer qualifies for participation under TRIA.  Therefore, coverage for Terrorism as provided under TRIA is no longer available for this product.
• Commission 10%

Requirements To Place Coverage:

• Create quote online (new business will create a referral to Administrator).
• Pay net premium with ePay.
• Policy will be issued.

More information:

• Commercial Quake Application  
• Exclusion Form – Organic Pathogens 
• USGS California/Nevada Earthquake Map

Program Advantages

• The maximum limits & values are now $5,000,000 (Limits greater than $3,000,000 in Alameda, San Mateo, & San Francisco Counties are on a submit basis).
• The Program accepts Frame Construction & All Other Construction buildings built 1950 or later. 
• Tilt-Up & Reinforced Concrete Block Construction dates will remain 1974 or later.
• Older retrofitted buildings may be accepted on a submit basis with the proper documentation.
• New business will be effective on the day of receipt of the application and premium, unless a later date is requested. 
• Program Administrator at CRC is happy to answer any questions at 415-912-3525.
• The Program underwriter, Evanston Insurance Company, is “A” (Excellent) rated from A.M. Best, and is an approved, non-admitted market.

Program Details For New & Renewal Business: 

• Program limits $5,000,000 per location/per policy (submit basis for Alameda, San Mateo, San Francisco Counties)
• Age limitation for wood frame construction: 1950 and newer. Older buildings are considered on a submit-basis with proper retrofit documentation
• Age limitation for HCB & Tilt-Up Construction Class 1974, “All Other” construction class 1950 and newer
• Minimum valuation for buildings: $75 per square foot

Perils insured are earth movement, landslide, mudflow and earth sliding if directly caused by earthquake. Submitted on a self-rating application, the program features are:

Limits/Coverage/Deductibles:

• Policy limits to $5 Million for all coverage per location.
• Coverage available for Buildings, Contents, Rental Income and Business/Interruption/Expense.  15% of policy limit may be allocated to Building Ordinance coverage.  Earthquake Sprinkler leakage on Buildings and Rental Income.
• Deductible Application- The deductible percentage (choice of 2 deductible options) times the Total Insurable Values per building per occurrence.
• Coinsurance – contents subject to 90% Coinsurance Percentage
• Replacement  Cost Valuation

Underwriting Requirements:

• All Wood Frame construction must be bolted to foundation and built in 1950 or later
• Hollow Concrete Block construction must be reinforced and built in 1974 or later
• Concrete Tilt-up built in 1974 or later, “All Other” 1950 or later
• Retrofitted buildings built prior to the age requirement may be considered on a submit basis with the proper documentation
• Buildings with Tuck-Under, Subterranean or Under-Building Parking must be classified, rated and meet the eligibility risk characteristics of HCB Construction Class if less than 6 stories, with the exception of building garages or stalls separated by shear walls, which will take the standard construction class rate.

Eligible Occupancies:

• Commercial Properties and Habitational Structures with 2 units or more
• State Licensed Residential Care Facilities