Hawaii Insurance Online – Waipahu and Aiea Car Insurance, Pearl City Car Insurance – Auto Insurance, Car Insurance

Is Your Car Covered for Tsunami Losses?

You may be surprised that the answer is “yes!”  Although most propety insurance policies exclude flood losses (a tsunami would be classified as a flood loss), auto insurance policies do not have a flood exclusion.  So, if a tsunami damaged your car, your auto insurance would cover the damages.  You would have to carry the comprehensive (also known as “other than collision” ) coverage for the damages to be covered.

Earthquake & Tsunami Insurance

In the wake of the devastating Japanese earthquake and tsunami on March 11, many might question if there is insurance available to cover earthquake and/or tsunami losses.  The answer is “yes.” 

For earthquake losses, a homeowner’s insurance policy can be modified to add this coverage to the policy.  However, not many insurance carriers offer this additional coverage.

For tsunami losses, a flood insurance policy would cover this exposure.  Flood insurance is written through the National Flood Insurance Program, a federal program.

For more on flood insurance, please see the following link:   http://en.wikipedia.org/wiki/Flood_insurance


Last weekend, we experienced a tsunami warning in Hawaii.  The 8.8 magnitude earthquake in Chile was the cause of the warning.  The whole state of Hawaii went through the drill.  Some people stocked up on gas, groceries and water.  Others moved to higher ground to avoid the potential waves.

All in all, I thought everyone handled the situation well.  From the newsrooms to the tsunami warning center to the people of Hawaii, everyone stayed calm and informed.  I heeded the advice to stay home and prevent potential traffic jams.  I think it was extremely fortunate that the warning was on Saturday.  If I remember correctly, the last tsunami warning was on a weekday, and the traffic was horrendous.

The actual tsunami turned out to be nothing more than a 1-2 foot surge.  But what if a larger tsunami hit the islands?  Would your homeowner’s insurance policy cover losses from a tsunami?  Unfortunately, like earthquake losses, you would need to get separate coverage to cover flood (tsunami) losses.  Flood coverage is provided through the federal government under the National Flood Insurance Program.  Like earthquake insurance, flood insurance is very expensive.  For the most part, only homes close to the shoreline or close to a water source (river, stream or lake) are required to purchase flood insurance.

If you have any questions about flood insurance, feel free to ask me.

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Hawaii Insurance Online – Waipahu and Aiea Car Insurance, Pearl City Car Insurance – Auto Insurance, Car Insurance
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