Terrorism Insurance

Property owners can buy terrorism insurance to cover losses and liabilities in the event of terrorist activities.

What is the Terrorism Risk Insurance Act?

The federal Terrorism Risk Insurance Act of 2002 (TRIA) and its amended Terrorism Risk Insurance Program Reauthorization Act of 2015 made terrorism insurance available and affordable. It provides a federal backstop for insurance claims related to acts of terrorism. It allows insurers to cover risks that might otherwise cause them to become insolvent due to a wide-reaching terrorist attack. The act was extended through the end of 2020. The National Association of Insurance Commissioners supports a long-term extension of the TRIA.

Terrorism coverage in personal insurance policies

Terrorism coverage can be part of various types of personal insurance policies, including:

Homeowners

Condominium or co-op

Renters

Auto insurance

Travel insurance


  • Homeowners
  • Condominium or co-op
  • Renters
  • Auto insurance
  • Travel insurance