Pretty much the same. You can add earthquake, but very few do. I actually did, but the I think the deductible was over $20,000. Didn't actually cost much ... about double the cost I think of the savings I got at the same time by increasing the basic deductible from $500 to $1000.
An earthquake that causes significant damage, compared to just some cracked plaster, is extremely unlikely. But it's nice to know that if we get flattened, that at least I'm not completely screwed ... or at least my estate get's something ...
I can look up the details on my policy if your interested.
Thanks for your replies. Last year (I think), I was home when there was a tremor from earthquake, and I felt my house shaken a bit. My next door was doing construction work, and I thought they dropped something heavy. After I read the news the next day, I realized it was the tremor from the quake. I'll give my insurer a call to get a quote.
Insurers probably figure selling earthquake (and tsunami) insurance in Ontario is a safe bet. Well, unless fracking actually does cause all kinds of earthquakes.
It's quite a bit more on the west coast but there's a much higher risk of actual claims. 10% deductible here.
I live in a centenarian house and my wife owns another as an investment. We're not worried so much that they'll collapse but could suffer structural damage. More likely, they'll be consumed by ensuing fires from ruptured natural gas lines.