MOTUS Earthquake Insurance

Through a program offered by FirstService Residential, our HOA offers homeowners an earthquake insurance option from MOTUS, which specializes in providing earthquake insurance in condominium communities like ours.

Our HOA does not carry a master earthquake insurance policy because it is cost-prohibitive.  (The Board will look at possibly affording an earthquake master policy in the future.)

Without a master earthquake policy, should an earthquake occur and damage our HOA community, each homeowner would be responsible for their share of rebuilding the association.  Our total insured value of our association – i.e., buildings, common area facilities, and other association assets – is over $100 million.  If 50% of our association were to be damaged after an earthquake, each homeowner’s share to rebuild is estimated at $172,000.  Note that this cost does not include interior damages (e.g., kitchens, bathrooms, custom upgrades, etc.) in which each homeowner would be responsible to pay for repairs to their unit’s interiors.

Unless you have earthquake coverage as part of your HO-6 condominium insurance, your HO-6 insurance does not cover repair or rebuilding costs due to an earthquake. 

Even with earthquake loss assessment coverage, an HO-6 insurance policy will cap covering a special assessment at $100,000.  (We strongly recommend that you verify your HO-6 policy with your insurance carrier to ensure you have adequate coverage overall.)

A homeowner earthquake insurance policy from MOTUS features:

  • Full Coverage: MOTUS offers up to $350,000 (or more, upon request) of combined loss assessment and unit interior coverage.
  • Lower Cost: MOTUS is lower cost than other options on a premium per dollar of coverage basis.
  • Coverage of Common Areas: MOTUS covers your share of damages to association common areas, which an HO-6 earthquake insurance policy usually excludes.

Participation in the MOTUS earthquake insurance program is optional.  Each homeowner can choose to purchase an earthquake insurance policy from MOTUS, or not.

However, given that our association does not currently carry a master earthquake insurance policy and that HO-6 insurance policies have limited coverage and restrictions on covering earthquake damages, the Board recommends that homeowners review this option from MOTUS.

Learn more about a MOTUS earthquake policy by viewing a video from MOTUS.

How To Sign Up For a MOTUS Earthquake Insurance Policy

Download the MOTUS information and enrollment packet here and follow the instructions to sign up.

Questions?  Contact a MOTUS representative at 833-668-8746 or email them at [email protected].