Earthquake insurance deductible calculator
The Best Earthquake Insurance application calculates a deductible amount in dollars based on your selected percentage and dwelling limit in real time. This is one of the most important calculations to do before purchasing earthquake coverage — because the dollar amount of a percentage deductible at California home values is often surprisingly large.
What the Best Earthquake wizard captures
The application documents all the details underwriters look for. Gathering the following before applying produces a stronger submission and faster broker review:
- Dwelling limit: enter the requested earthquake dwelling limit
- Deductible percentage: 5%, 10%, 15%, 20%, or 25%
- Calculated deductible: the dollar amount you pay before insurance responds
- Example: $850,000 × 15% = $127,500 out-of-pocket deductible
- Compare scenarios: see how annual premium changes versus deductible exposure
From indication to bindable options
The Best Earthquake Insurance application gives a preliminary annual range anchored to CDI data, then submits a completed Covwell application to Bollinsure for broker review. A licensed California broker reviews your construction, retrofit, and loss details and shops multiple carrier markets to find the best available terms.
The indication is not a bindable quote — final coverage is subject to underwriting, carrier eligibility, and policy terms. But starting with a strong, complete application gives the broker the best possible foundation for market submission.
Ready to submit?
The 5-step application wizard takes approximately 5–8 minutes to complete. It walks through property and applicant details, coverage terms and deductible selection, construction and foundation type, retrofit and loss history, and a review-and-sign step where you can preview the completed PDF before submitting.
Your completed application is reviewed by a licensed broker who follows up — often the same business day — with market options and next steps.