South Carolina has experienced nearly 50 earthquakes since January 20211. Although only a few of these have been felt, this is a significant increase over our normal average – just 10 to 15 per year2.
Despite the fact that approximately 70% of earthquakes in South Carolina occur in the Coastal Plain and most are centered around three areas west and north of Charleston (Ravenel-Adams Run-Hollywood, Middleton Place-Summerville, and Bowman), a major earthquake anywhere in the eastern United States could adversely affect us3.
While purchasing earthquake insurance might not be at the top of your to-do list, it might be time to start researching your options. At South Carolina Federal Insurance Solutions, we have carriers with deductibles as low as 2 – 5%. Some carriers will include earthquake coverage as part of your homeowners insurance, and others offer standalone policies. Interested in learning more about earthquake insurance? Give us a call at 833-359-0725 or email us.
1 https://earthquake.usgs.gov/earthquakes/search/
2 https://www.scemd.org/prepare/types-of-disasters/earthquakes/
3 https://www.dnr.sc.gov/geology/earthquake-info.html
