Visit Ready.gov to learn how to prepare your finances for disasters like earthquakes. Check utility lines and appliances for damages. If your electric power goes on and off, turn off your homes circuit breaker to prevent a power surge. Always verify that the company or individual you are working with has a license. A seismic retrofit is a way to strengthen your home against earthquakes even if you dont have an earthquake insurance policy. Scientists at Oregon State . "When Californians first realized decades ago they had a serious earthquake concern, their initial reaction was one of denial. This map does not predict when any earthquake will occur and does not show information for a single earthquake. A .gov website belongs to an official government organization in the United States. Through the DAM Ready movement, increase emergency preparedness in the campus community through planning and outreach. Your insurance company will help you figure out how much dwelling coverage you need. in Creative Writing from the University of California Riverside, Palm Desert. If you own a condo or you are a renter, you can purchase earthquake insurance to cover your personal belongings and additional living expenses if you cant live in your home because of earthquake damage covered by your policy. In that case, your home insurance policy should cover the fire-related damage since the policy covers fires. Insurer Lemonade estimates a slightly lower average cost at $800 per year. This is a complete, digitally compiled, general geology file with a vector polygon format from the Oregon Geologic Data Compilation by DOGAMI. There are a few ways an insurance contract can rebuild your home after a loss two types of insurance policies that I offer for the replacement of your dwelling include: All condominium association master insurance policies are written differently in regard to coverages, deductibles and how much, if any, of the interior of your unit is covered by the associations master policy. You cant buy a policy directly from the CEA, but you can buy it from insurance companies that are members of the CEA. Susceptibility map for the Gales Creek watershed showing a probability of failure corresponding to a kh=0.3, m=0.25 and cr=8. For more information on adding a dependent to your OSU health insurance, contact the Student Health Insurance office at 541-737-7600. Check with your agent when purchasing earthquake coverage to make sure that the additional living expense coverage extends to earthquake damage. For example, if you have $250,000 of dwelling coverage and a 10% deductible, you would have to pay $25,000 for repairs before the insurance would start paying. The U.S. is Underprepared for Earthquakes The top three markets in the country California, Washington and Missouri highlight how unprepared the nation is. Most companies will define earthquake as means shaking or trembling of the earth, whether caused by volcanic activity, tectonic processes or any other cause. Lessons learned from the aftermath of disasters have revealed, time and again, that you can effectively manage risk and recover faster after a disaster if you have insurance. Washington state and California also use the system. The map uses a new landslide susceptibility map and a new map of site peak ground acceleration from Madin and Burns (2013, in references) as input to the model. Start by asking yourself if you could afford to rebuild your home and replace your personal belongings after an earthquake without insurance. For many of our neighbors in Oregon, Washington and beyond, earthquake insurance can be inexpensive - contact Fox Insurance Agency to find out what the costs would be for your home. How you know This is a database of natural gas service territories in the U.S. provided by the Department of Homeland Security. Permanent ground deformation due to liquefaction lateral spreading. "Due to laws passed after that event, California now leads the world in understanding its earthquake risks and preparing for them with it building codes, siting regulations and other programs. However, earthquake insurance can come with an expensive deductible a cheaper option may be to simply add an earthquake endorsement to your homeowners insurance policy. This is a database of land mobile broadcast towers in the U.S. provided by the Department of Homeland Security. "We should either fix them up or get rid of them. Most policies state that any shocks that occur within a 72-hour period constitute a single earthquake. Maximum of $5,000 for chimneys or fireplaces, Maximum of $3,000 for swimming pools, spas, whirlpool baths and hot tubs, including all concrete or tile decking and all related equipment. In percent. The source of this file is from USGS (USGS, 2006) website in a vector polyline structure. The Cascadia Lifeline Program (CLiP) and the Geomatics Research Group You would want to have your own individual earthquake policy because the master policy will not provide you coverage for your personal property and any extra expenses associated with a loss caused by an earthquake. 'The Really Big One' earthquake and tsunami explained by hand. Published in a open file report (OSSPAC,2013) by Oregon Department of Geology and Mineral Industries (DOGAMI). The final insurance policy premium for any policy is determined by the underwriting insurance company following application. providing additional living expenses after a loss due to earthquake. Street:350 Winter St. NERoom 410Salem, OR, 503-378-4140 (Salem)888-877-4894 (toll-free in Oregon)503-947-7862 (fax)Contact usAbout us. Your Oregon earthquake insurance will cover the following: Each company has its own definition of earthquake. In 1993, the Portland metro area experienced two earthquakes ranging from 5.6 to 6 in magnitude that resulted in over $30 million in damage. It is provided by department of Oregon geology and mineral industry (DOGAMI). This is a database of power plants in the U.S. provided by the Department of Homeland Security. Editor's note: This is a revised version of the press release. All rights reserved (About Us). Hire a public insurance adjuster to help with large claims, including managing paperwork and meeting deadlines. On top of providing coverage for loss due to earthquake the comprehensive portion of an auto policy will also provides coverage for losses that would include the following: loss caused by missiles or falling objects; fire; theft or larceny; explosion; windstorm, hail, water, or flood; malicious mischief or vandalism; riot or civil commotion; contact with bird or animal; or breakage of glass. Earthquake insurance can have many options A 2009 survey of the Portland market indicated that earthquake coverage for a wood-frame home insured for $300,000 with $150,000 in personal property coverage could be purchased for $200 to $300 annually. In a 2009 Oregon Division of Financial Regulation survey of the Portland market, it was determined that the cost of earthquake insurance for a wood-frame home insured for $300,000 with $150,000 in personal property coverage cost around $200 to $300 per year. In 2000, 60% of its residents had coverage. Youll have 30 days to respond to their written notice. The average cost of earthquake insurance is about $850 per year, according to AAA. The discounts range from 10% to 25% based on the age of the home and type of foundation. The SA01 values are then converted into PGV values. 108 SW Memorial Place Water supply systems, such as wells, irrigation systems, sprinkler systems and water reclamation systems, Underground structures or equipment outside the foundation wall of the dwelling, such as underground pipes, cables, flues and drains, Bulkheads, piers, wharves and retaining walls, Exterior masonry veneer, walls and fences, Personal property located outside of the dwelling, Landscaping, trees, shrubs, lawns or plants, Data (stored electronically or on physical records, like paper or accounting books), Trailers designed for use with a motor vehicle, Decorative items or works of art, such as murals, sculptures, fountains, aquariums, stained or leaded glass, mirrors, and chandeliers, Property of tenants, roomers or boarders not related to you, Any business property or property rented to others, Personal property in any other dwelling owned, rented or occupied by you, Fire (however, fire damage may be covered by your homeowners insurance), Earth movement from a non-seismic event, such as sinking, rising, expanding or contracting of earth because of the increase or decrease in the moisture content of the soil, Water damage such as flood water, tidal water or an overflow of a body of water, Water damage which backs up through sewers or drains, Water below the surface of the ground, including seepage or flows from any part of a building or other structure, sidewalk, driveway or swimming pool, Neglect (meaning you didnt take reasonable steps to protect your property), Nuclear action, including radiation or discharge of a nuclear weapon, even if accidental, War (declared or undeclared), civil war, insurrection, rebellion or revolution, Smog, rust, corrosion, mold, wet or dry rot, settling and animals, Defect, weakness, inadequacy, fault or unsoundness, including planning, zoning, development, design, workmanship, construction, materials and maintenance, Enforcement to repair or demolish a building or structure to comply with local building codes, Discharge, release or escape of pollutants, Theft, burglary, looting, vandalism and malicious mischief. If earthquake damage to your home is so severe that you must move out, coverage for additional living expenses is available only if you have earthquake coverage. The Modified Mercalli Intensity Scale is used to determine the severity of an earthquake. Published in a open file report (OSSPAC,2013) by Oregon Department of Geology and Mineral Industries (DOGAMI). This accessibility map presents the travel time from each zone to Portland International Airport when the network is disrupted, specifically, the eight bridges over the Willamette Rive near Portland downtown are set to be failed. Understanding earthquake insurance deductibles in Oregon, Although Oregon doesnt experience as many severe earthquakes as its neighboring state of California, earthquakes are still considered a major natural hazard in the Beaver State. Older buildings will cost more to insure than new ones. To create a prepared and responsive OSU that decreases the impact of incidents to OSU operations. Where can I buy earthquake insurance in Oregon? Robert Yeats, a professor emeritus of geology at Oregon State University and author of a new book "Living with Earthquakes in California: A Survivor's Guide," says much of that book provides a blueprint for where Oregon should be in its earthquake preparation, but clearly is not. Earthquakes have occurred in 39 states since 1900, and about 90% of Americans live in areas considered seismically active. Kara McGinley is a former senior editor and licensed home insurance expert at Policygenius, where she specialized in homeowners and renters insurance. The information provided herein is for reference only and is not suitable for incorporation in engineering design or site-specific analysis; instead, it provides a starting point to identify and understand hazards of primary concern. provided by the Department of Homeland Security. This map uses bedrock one-second spectral amplification (SA01) values from the model developed by USGS for a specific secnario of Cascadia subduction earthquake ground shaking in the Pacific Northwest (http://earthquake.usgs.gov/eqcenter/shakemap/global/shake/Casc9.0_expanded_se/) combined with a new map of NEHRP site class for Oregon (Madin and Burns 2013) and uses the soil factor relationships of Boore and Atkinson (2008) to calculate site-dependent SA01. Probability of earthquake-induced landslide under wet (or saturated) soil conditions. The CEA added that retrofitting a home can take a few weeks and makes homes safer. Coverage for wood-frame homes costs less than coverage for brick homes, as wood-frame homes flex and are subject to less damage in case of an earthquake. Earthquakes are more likely in some parts of the country than others, so coverage or rules may vary from state to state. Corvallis, Oregon 97333 Access via https instead of http for best results. Check with your homeowners insurance company to learn if they offer standalone policies or earthquake coverage endorsements. If you smell gas, open the windows and turn off the main gas valve. Parametric insurance is a relatively new approach that insures policyholders against specific events by using parameters (set criteria that applies to everyone) to determine the cost of the damage. The information provided on this site has been developed by Policygenius for general informational and educational purposes. If so, for how long? The science community here in Oregon now has a pretty good understanding of the risks we face, but the next step will be for the public to demand we do something about it.". Published in a open file report (OSSPAC,2013) by Oregon Department of Geology and Mineral Industries (DOGAMI). This is a database of watershed regions in the U.S. provided by the Department of Homeland Security. Resources and information related to volunteer service. If your association carries a separate earthquake insurance policy and the policy is an All In policy, this means that the interior walls, built-ins and any betterments or improvements are made to the unit are covered by the master policy. All policies contain what is called Special limit of Liability. The same homeowner with $150,000 in personal property coverage (contents) would have a separate deductible of $15,000. Yes, we have to include some legalese down here. There are 4 classes of landslide susceptibility: Low, Moderate, High and Very High. The preferred browser for O-HELP is Google Chrome. Earthquake insurance helps pay to replace, repair, or rebuild your home and personal property if either are damaged by a quake. in School of Civil and Construction Engineering at the How would earthquake insurance benefit me? Visitors are encouraged to confirm the information contained on this website with other reliable sources and agencies. About 20 percent of Oregonians have earthquake coverage, which must be purchased separately. Say you insured your home for $300,000 and set your deductible to the 10% option, that means you'd receive a claim payout for $270,000($300,000 dwelling coverage minus $30,000 deductible). This is a compilation of all ODOT highway networks. The interactive map shows which buildings were built prior to 1974, when Oregon adopted a statewide building code, and after seismic standards were adopted in 1993. But before you take out a policy, make sure you read it closely. Emergency and disaster guides made convenient and customizable. While earthquake insurance isn't realistic for the entire population, there are still actions you can take to prepare. CORVALLIS - It's time for Oregonians to wake up to the earthquake risks of the Pacific Northwest and adopt the regulations and programs of their neighbors to the south if Oregon is to avoid a major catastrophe in its future, says one of the region's leading earthquake experts. This accessibility map presents the travel time from each zone to Portland International Airport when the network is intact. Past performance is not indicative of future results. OREGON STATE UNIVERSITY . In some cases, older homes may have to be retrofitted to qualify for coverage. An occurrence means loss to covered property due to earthquake shocks that occur within a continuous 72 hour period. Oregon Recreational Cannabis Law and Home Insurance. Have a backpack ready with emergency gear; see www.redcross.org for details. The health insurance must meet federal, state and OSU requirements (OAR 576-025-0020 ). We'd love to hear from you, please enter your comments. 200 Cascade Hall As of 2021, that number has declined to 11.4%. Most homeowner, mobile home, condominium, and renter insurance policies do not cover earthquake damage. Right click and save image to download. Rates are lower in states with lower seismic activity. Most companies offer deductibles ranging from 10% to 25%. Site peak ground acceleration, in g (standard gravity). The average cost of earthquake insurance is about $850 per year, according to AAA. You choose what you set your deductible to when you purchase your policy. Published in a open file report (OSSPAC,2013) by Oregon Department of Geology and Mineral Industries (DOGAMI). The methods and data used to make this map are described in detail in : Madin, I.P., and Burns, W.J., 2013. You can find out how a company defines what an earthquake is by reviewing the policy language under the Definition portion of any insurance contract. Commissions do not affect our editors' opinions or evaluations. This is a database of oil and natural gas fields in the U.S. provided by the Department of Homeland Security. Published in a open file report (OSSPAC,2013) by Oregon Department of Geology and Mineral Industries (DOGAMI). Is the deductible for my earthquake insurance coverage different from the deductible for my basic homeowners insurance coverage? National earthquake hazard reduction program which depicts the site class based on the site soil properties and shear wave velocity in accordance with geotechnical data. Susceptibility map for the Gales Creek watershed showing a probability of failure corresponding to a kh=0, m=0.25 and cr=8. Maximum of $5,000 for business personal property. Use and access to this website or any of the links contained within this website do not create an engineering consultant-client relationship. How do insurance companies define earthquake? Please try again later. Bridge damage map for the selected Cascadia subduction zone earthquake scenario using earthquake ground shaking + landslide + liquefaction fragility functions. If you already have homeowners insurance, contact your agent and you may be able to add earthquake insurance as an endorsement. Annual earthquake insurance premiums can range from $800 - $5,000, and policy deductibles can be as high as 10 - 20% of your coverage limit. Also, you must purchase your CEA policy from the same insurance company that has your home insurance policy. A probability of failure corresponding to a kh=0.3, m=0.25 and cr=8 much dwelling coverage you need Washington and highlight... With other reliable sources and agencies was one of denial policy directly from the University of Riverside... Offer standalone policies or earthquake coverage endorsements of Americans live in areas seismically! Either are damaged by a quake 200 Cascade Hall As of 2021, that has! 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