Earthquake Insurance
Californians are buying earthquake insurance at a faster rate than ever before. In 2017, the California Earthquake Authority reported that over 1 million California residents had taken out policies, the highest in its history. A standard homeowners insurance policy will not cover earthquake damage. Fire damage following an earthquake may be covered (a […]
Check this out: Just wanted to take a moment to chat about the CEA California Earthquake Authority program. Earthquake insurance purchases have been up sharply. The CEA has sold 9,000 earthquake policies in January of 2018. That’s more than the average number of policies sold for an entire year from 2005 to 2015 and is […]
The California Earthquake Authority sold 9,000 earthquake policies in January of 2018. That’s more than the average number of policies sold for an entire year from 2005 – 2015 and on track to exceed last year’s record 90,707. What’s causing this big increase? And does buying earthquake insurance make sense for you? Living […]
In light of the recent earthquake in Mexico on September 19th, the date October 17, 2017 will mark the 28th anniversary of the Loma Prieta Earthquake. Frequently, we are asked regarding whether you should take out earthquake insurance. Even though Californians live with earthquake as a daily occurrence, earthquake insurance often is not a priority. […]
