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All-risk insurance is different from peril-specific insurance that cowl losses from only those perils listed within the policy. In car insurance, all-risk coverage contains additionally the damages attributable to the personal driver. Earthquake insurance is a form of property insurance that pays the policyholder in the occasion of an earthquake that causes damage to the property. Most ordinary house insurance insurance policies do not cover earthquake harm. Earthquake insurance policies generally characteristic a high deductible. Rates depend upon location and therefore the chance of an earthquake, in addition to the construction of the house.
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