Insurance Coverage Q&A: Earthquake Damage to Hydraulic Lifters
This discusses the earthquake occurrence and coverage application for earthquake and business income coverages when an earthquake continues beyond 168 hours, and when an insured is mandated not to continue use of hydraulic lifters to prevent further property damage.
February 10, 2020 at 05:39 AM
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In Puerto Rico on January 7, 4:30 AM there was an earthquake registering 6.4 on the Richter’s scale, which damaged some service auto lifters on both insured locations. As of January 16, 2020, aftershocks and/or earthquakes are still occurring every hour every day registering from 2.5 to 4.5 on the Ritcher’s scale.
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