Earthquake drill serves as reminder for consumers
JEFFERSON CITY, MO – More than 80 Missouri cities and counties will take part in emergency response exercises simulating a 7.7-magnitude earthquake this week.
Mike Woolbright, the Department of Insurance, Financial Institutions and Professional Registration’s State Emergency Management Agency Coordinator will participate in the Central US Earthquake Consortium, a major region-wide earthquake exercise at the State Emergency Management Agency headquarters. The purpose of the exercise is to improve earthquake mitigation, preparedness and response and recovery capabilities.
One way for Missouri consumers to improve their earthquake preparedness is to review their personal property insurance coverage. Earthquake insurance is not included in a standard homeowner’s policy, but coverage is available at an extra cost in the form of an endorsement to an existing insurance policy or by purchasing a separate policy. If you would like to know the risk level of the area your home is located in, you can find out on SEMA’s web site at http://sema.dps.mo.gov/EQ.htm.
About the Missouri Department of Insurance, Financial Institutions & Professional Registration
The Missouri Department of Insurance, Financial Institutions and Professional Registration (DIFP) is responsible for consumer protection through the regulation of financial industries and professionals. The department’s seven divisions work to maintain consumer confidence by examining and monitoring industries and professions and by establishing coherent and evolving policies. DIFP works to enforce state regulations both efficiently and effectively while encouraging a competitive environment for industries and professions to ensure consumers have access to quality products.