Earthquake Insurance
Compulsory Earthquake Insurance (DASK) is a mandatory policy that protects your home against damage from earthquakes and related perils like fire, explosion, or landslide. This state-backed insurance covers the structural losses your residence might suffer up to the policy limits, helping shield you from major financial hardships after a quake.
Earthquake Insurance (DASK) is a state-supported mandatory insurance system designed to compensate for structural damage to your residence in the event of an earthquake. By law, homeowners within municipal boundaries must carry DASK coverage, and having an active DASK policy is typically required for property transactions and obtaining new utility connections. A DASK policy covers material damage to your building caused by earthquakes and secondary effects such as fire, explosion, tsunami, or land subsidence, up to the maximum coverage amount defined in the policy. Whether your building is partially or totally damaged, the insurance will pay for repair or reconstruction costs within the coverage limits, significantly alleviating the financial burden after a destructive quake. Importantly, DASK only covers the building’s structure and permanent fixtures — it does not insure personal belongings or provide compensation for injuries or loss of life. In practice, many homeowners complement DASK with an optional Home Insurance policy to cover contents and other risks beyond earthquakes. In a country prone to earthquakes, DASK is a critical safeguard, ensuring that homeowners can recover and rebuild with financial support while also reducing the post-disaster economic strain on individuals and the state.
