Rare magnitude 4.8 quake shines light on Northeast earthquake insurance cover gap

The rare magnitude 4.8 earthquake that shook the Northeast is unlikely to be an insurance event but serves as a timely reminder of the region’s earthquake insurance protection gap.

The earthquake, which had its epicenter in Lebanon, New Jersey, struck Friday morning and was felt in surrounding states.

“I was in the kitchen and all of a sudden, the windows were shaking and then I felt the walls rumbling – I thought something in the basement blew up,”

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