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It’s been a busy week for Maryland’s insurance agents

First came the earthquake.

Then the hurricane.

Now comes the bill. And with any luck, you have a decent insurance policy that will cover the cost of most, if not all, of the damages sustained in one or both natural disasters.

The problem is, a lot of people don’t know exactly how they’re covered, and where there may be gaps in their policies, local insurance agents say.

“We’ve answered more questions about coverage this past week than we probably ever have,” said David Mathes, an Annapolis-based agent with Erie Insurance.

Many of them were asking about earthquake coverage in the aftermath of the surprise magnitude 5.8 earthquake that rocked the East Coast Aug. 23. Most of the damages in this area were relatively minor, such as collapsed chimneys and cracks in walls, Mathes said.

“Those calls started Tuesday afternoon,” Mathes said.

Homeowners’ insurance policies usually exclude earthquake coverage, though people can buy it as an add-on, Mathes says. It’s not expensive — anywhere from $50 to $190 a year.

The deductibles, though, can be huge, usually between 2 and 5 percent of the home’s value. If a home is insured for $500,000, that’s a significant chunk of change, said Matt Lehmann, vice president of Severna Park-based Moran Insurance.

But that’s just not something people think about — especially on the East Coast.

Kevin O’Brien, a principal agent with O’Brien and Associates Insurance Services, said he never thought about it much himself until a smaller earthquake rattled the area last summer. Then he decided to add earthquake coverage to his homeowners’ policy. Luckily, he didn’t have to use it this year.

If questions about the earthquake didn’t keep local agents busy enough, reports of Hurricane Irene in the following days triggered a whole new wave of calls from anxious residents.

Agents were inundated with questions about flood coverage, probably because Tropical Storm Isabel is still fresh in their minds, said Shelley Driscoll, an Annapolis-based agent with State Farm Insurance. That storm battered the area in September 2003, and most of the damage to homes was from flooding, Driscoll said.

Like earthquake coverage, flood insurance isn’t a standard part of most homeowners’ insurance plans. Property owners must purchase it separately through the Federal Emergency Management Agency.

That coverage differs from sewer and drain coverage, Mathes said, and a lot of people don’t realize that.

“You’ve got to read your policy,” he said.

Flood coverage also doesn’t take effect until 30 days after a property owner purchases it.

“If you make it through the storm without any damage, get a flood policy,” Mathes said.

Indeed, storms such as Isabel and Irene tend to be wake-up calls for homeowners, Driscoll said.

“These types of things open people’s eyes. What are my deductibles? What are my options?” she said. “It’s been a really busy week.”

O’Brien urged residents who suffer damage, no matter how little, to document it with pictures or video.

“Then we can cut you a check,” he said.

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