Residential earthquake insurance is not compulsory, but is one-year insurance automatically included in any residential fire insurance policy. Those who are already under long-term residential fire insurance can add the residential earthquake basic insurance onto their current policies yearly. The insured amount under the residential earthquake insurance program shall be computed based on the replacement cost, which is limited to NT$1.5 million per dwelling. A person can obtain a higher amount of insurance cover for replacement by applying for extended earthquake coverage.