Earthquake insurance

Differently, because you do not own the building. Your association's master policy covers the structure, and where the association carries earthquake coverage, its deductible is typically assessed back to individual ...

Not automatically. Earthquake policies are built around the dwelling, personal property and loss of use. Detached structures, hardscape, pools, retaining walls and exterior features are commonly limited or excluded unless ...

There is no rate card, because the premium is built from the specific property. What moves it most: the age and construction of the home, whether it sits on a ...

There is no moratorium on buying CEA coverage, which is the most common misconception in California earthquake insurance. A CEA policy can be bought anywhere in the state, at any ...

Because earthquake losses arrive region-wide rather than one house at a time. In an ordinary fire, one home is affected. In a significant quake, tens of thousands of claims land ...

Yes, by up to 25 percent on a CEA policy, and it can do more than lower the premium. The CEA offers a hazard reduction discount once a code-compliant brace-and-bolt ...

Often yes, and for some homes the private market is the only way to get there. CEA deductibles run 5, 10, 15, 20 or 25 percent of the dwelling limit, ...

A private market writes California earthquake coverage independently of the CEA, led by carriers such as GeoVera and Palomar. These are standalone policies, so they do not require your homeowners ...

Not necessarily, and this is the decision most Californians never realise they have. The California Earthquake Authority does not sell standalone policies. To buy a CEA policy you must already ...

Wood-frame homes tend to perform better than masonry, but they are not immune. Coverage still protects against major structural and contents loss.