What it does
Covers earthquake damage to the described location. The 2014 revision raised the minimum deductible from $250 to $500.
Who needs it
Dwelling insureds in seismic areas, including rental property owners whose lenders require it.
Quoting and selling notes
Editions and availability
Current edition 07 14, replacing 12 02. Carriers adopt ISO editions state by state, so the edition on a given policy can lag the newest one.
Program notes
Dwelling policies are written for the property owner, not the occupant, and are the usual vehicle for landlords of one- to four-family dwellings. Because the forms carry no liability coverage, review every dwelling file together with DL 24 01 (or the homeowners or commercial policy that provides premises liability), and with any personal umbrella the client carries.
