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Smart people who live in areas with a history of seismic activity and earthquakes take out earthquake insurance policies that will pay in case their homes or their property is damaged by an earthquake. Smart people in areas especially susceptible to flooding take out flood insurance policies that will pay in case their home or property is damaged by a flood. Often companies that sell flood insurance policies will also sell earthquake insurance policies. And companies that sell earthquake insurance and flood insurance also often sell policies protecting holders against damage caused by other natural disasters such as hurricanes, tornadoes and wildfire. People buy flood and earthquake insurance because common homeowner's insurance policies and property insurance policies often do not cover damage caused by floods and earthquakes in areas that are especially prone to such disasters.
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