Earthquake insurance covers specified losses caused by earthquake under a standalone policy or an extension to property insurance. Limits, deductibles, and the treatment of aftershocks or related events depend on the wording. Cover for structures may differ from protection for contents or consequential expenses.
For Nepalese property owners, check rebuilding cost, structural details, and whether earthquake damage is explicitly included. Do not assume a fire insurance label guarantees this protection. Related landslide, fire, or business interruption losses need separate examination because one earthquake can cause several different types of damage.