Earthquake Insurance in BC
We can reduce your deductible in the event of an earthquake.
Earthquake Insurance in BC
We can reduce your deductible in the event of an earthquake.
Are you prepared in the event of an earthquake?
We can’t predict when the ‘big one’ will hit however, being prepared is critical. This includes ensuring that an earthquake does not create a major financial impact.
Homeowners Earthquake Deductible Buy Down
Your earthquake deductible may be more than you think. It is a percentage of the insured value of your Dwelling, Outbuilding, and Personal Contents limit combined.
The Homeowners Earthquake Deductible Buy-down Policy provides you an affordable deductible for a reasonable premium, removing financial stress and providing you peace of mind.
Earthquake Damage is insurable and therefore not eligible for Disaster Financial Assistance (DFA). Home and business owners should check with their insurance agent to make sure they have appropriate earthquake coverage. To find out more please click here.
For further details, please call or visit a Johnston Meier Insurance office near you.

Example:
*10% deductible may vary by Insurance Company
Condo & Townhouse Earthquake Loss Assessment Coverage
What is it?
Condominium/Townhouse Earthquake Loss Assessment coverage is the amount condo or townhouse unit owners may be assessed by the Strata Corporation in the event of an earthquake.
Residential Condominium/Townhouse buildings may have high earthquake deductibles. The deductible is calculated as a percentage of the building amount of insurance to each condo unit owner based on their entitlement. Therefore, it is important that the condo unit owner ensures the earthquake assessment limit on their own insurance policy is sufficient.
Example:
- Strata policy insures building for $30,000,000
- Strata policy earthquake deductible is $3,000,000 (10%*)
- 30 units/owners in building
- Each unit owner assessed $100,000**
*10% deductible may vary by Insurance Company
**Assessment could vary depending on unit entitlement
For further details, please call or visit a Johnston Meier Insurance office near you.
What coverage does it provide?
It offers excess coverage to bridge the gap that you may be assessed.

Homeowners Earthquake Deductible Buy Down
Your earthquake deductible may be more than you think. It is a percentage of the insured value of your Dwelling, Outbuilding, and Personal Contents limit combined.
The Homeowners Earthquake Deductible Buy-down Policy provides you an affordable deductible for a reasonable premium, removing financial stress and providing you peace of mind.
Earthquake Damage is insurable and therefore not eligible for Disaster Financial Assistance (DFA). Home and business owners should check with their insurance agent to make sure they have appropriate earthquake coverage. To find out more please click here.
Example:
*10% deductible may vary by Insurance Company
For further details, please call or visit a Johnston Meier Insurance office near you.

Condo/Townhouse Earthquake Loss Assessment Coverage
What is it?
Condominium/Townhouse Earthquake Loss Assessment coverage is the amount condo or townhouse unit owners may be assessed by the Strata Corporation in the event of an earthquake.
Residential Condominium/Townhouse buildings may have high earthquake deductibles. The deductible is calculated as a percentage of the building amount of insurance to each condo unit owner based on their entitlement. Therefore, it is important that the condo unit owner ensures the earthquake assessment limit on their own insurance policy is sufficient.
Example:
- Strata policy insures building for $30,000,000
- Strata policy earthquake deductible is $3,000,000 (10%*)
- 30 units/owners in building
- Each unit owner assessed $100,000**
*10% deductible may vary by Insurance Company
**Assessment could vary depending on unit entitlement
What coverage does it provide?
It offers excess coverage to bridge the gap that you may be assessed.
Example:
For further details, please call or visit a Johnston Meier Insurance office near you.
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Contact Us with Questions or to Request a Quote
If you would like more information before visiting one of our locations, let us know. Someone from the closest insurance office; with the right experience will contact you to help with your questions.
And don’t worry – we won’t use your contact information for anything other than replying to your request.
Connect With Us
Contact Us with Questions or to Request a Quote
If you would like more information before visiting one of our locations, let us know. Someone from the closest insurance office; with the right experience will contact you to help with your questions.
And don’t worry – we won’t use your contact information for anything other than replying to your request.