Earthquake Insurance for Buildings

12/26/20

“How can earthquake insurance be used to protect building finance?”

Buildings are some of the most important parts of human infrastructure and livelihoods. They house our family, protect us from the elements, and give us a warm snuggly place to stay. However, in some parts of the world, particularly those close to fault zones, earthquakes may arise and cause serious infrastructure damage. This can decimate entire buildings and the livelihoods of the people inside them. This can all be financially protected through Earthquake Insurance for Buildings, in which financial backing can provide compensation in case of asset loss. Earthquake insurance is a must-have for places such as Coastal California, Greece, and Japan where such events occur often.

• Earth/Climate science
• Engineering
• Mathematics
• Policy