Earthquake Strikes Gauteng: Assess Your Coverage and Prepare for the Unexpected

In the early hours of Sunday morning, residents of Gauteng were shaken by a powerful earthquake that struck the south of Boksburg.

As South Africans contend with the aftermath of this seismic event, it is a stark reminder to assess insurance coverage and ensure preparedness for future earthquakes. With a history of natural earthquakes in the Western Cape and insights from industry expert Christelle Colman, it is crucial for individuals and businesses to be proactive in safeguarding their assets and well-being.

Tremors in Gauteng: Evaluating the Impact and Response
Measuring between 4.5 and 5.0 in magnitude, the earthquake originated around 02h38, jolting the region awake. The US Geological Survey recorded the intensity at 5.0, with the epicentre located approximately 10 kilometres underground. The effects reverberated across a significant area, reaching as far north as Pretoria and as far south as Vereeniging.

While no significant damage has been reported thus far, it is prudent for residents of multistorey buildings to exercise caution. Crisis24, an international risk management group, advises monitoring for potential aftershocks and considering the structural integrity of multistorey buildings affected by the shaking.

A Historical Perspective: The Western Cape’s Experience with Natural Earthquakes
The Western Cape carries a historical legacy of natural earthquakes, highlighting the importance of preparedness and resilience in the region. The Milnerton fault line, responsible for notable earthquakes in 1620, 1809, and the catastrophic Tulbagh earthquake of 1969, remains a constant threat. Christelle Colman, CEO and founder of Ami Underwriting Managers, has a personal connection to these events, having grown up in Tulbagh and witnessing the devastating impact of the 1969 quake first-hand. With the added risk posed by the proximity of the Koeberg Nuclear Power Station, she emphasizes that earthquakes in South Africa can be just as substantial and devastating as those experienced in Japan, California, or New Zealand.

Colman highlights the importance of not becoming complacent due to South Africa’s relatively less active seismic zone, as earthquakes can still lead to significant damage

Insurance Industry Preparedness: Coverage and Challenges
Colman emphasizes the crucial role of insurance coverage in effective disaster response. While many personal and commercial policies in South Africa generally include coverage for earthquakes under “acts of god,” she advises policyholders to verify with their brokers or insurers whether they are specifically covered for earthquake and tsunami events, especially in the Western Cape. Additionally, Colman raises concerns regarding the potential cost and challenges that would arise from a major earthquake along the densely populated Milnerton fault line, which poses a particular risk to the Koeberg Nuclear Power Station in close proximity. These concerns are compounded by South Africa’s status as a developing economy, with significant inclusion challenges to address in terms of disaster preparedness and recovery.

Behavioural Responses and Disaster Management Strategies
In the face of earthquakes, Colman emphasizes the significance of awareness and basic behavioural responses. Staying calm, reacting quickly and correctly, and following safety protocols can save lives and mitigate damage. However, beyond individual responses, she calls for the development of clear disaster management strategies at national, regional, and local levels. These strategies should include evacuation plans and address how recovery can be managed and funded in an economy where a significant portion of the population lacks private insurance coverage.

Assess Your Coverage, Ensure Your Safety
The recent earthquake in Gauteng serves as a wake-up call for individuals and businesses to assess their insurance coverage and take necessary precautions. Evaluate your current insurance policies, confirm earthquake-related coverage, and consider specialized earthquake insurance if needed. Mitigate risks by following behavioural responses during earthquakes and supporting the development of robust disaster management strategies.