Question for CA homeowners...

[brainsmile]

Do you have earthquake insurance and if so how much and what is the deductible?

[Leon]

Earthquake insurance in CA goes through the CEA.

http://www.earthquakeauthority.com/

[Markel]

My brother-in-law (in Atascadero) told me that he doesn't carry earthquake insurance because the cost is prohibitive. He just grits his teeth and pays for the repairs.

[bachviet]

I don't have earthquake insurance since it costs an arm and a leg.

[Paymaster]

No quake insurance. I live very near a large dam (but not beneath it). I figure if the ground is stable enought for the govt to put a dam here, then it's stable enough to support my single-story home...

[Kevster]

No quake insurance here either. My HOA looked at it, but the premiums were very prohibitive. If we were to get it we'd have to raise the HOA monthly dues by $50 just to cover it. Our other insurance premiums have gone up considerably in the past few years (and we've never had a claim), and since we were not in a liquifaction area we decided against it. People in Torrance should look into it though since there is a big liquifaction zone around the Madrona Marshland area.

I've taken a few preventative measures myself to try and minimize the possible damage due to shaking, including the shoring up of my shear wall area with 1/2" plywood and verifying that my foundation bolts were all in good shape.

[InfiniteNothing]

Do you have earthquake insurance and if so how much and what is the deductible?

I couldn't decide to do it or not so I insured $25K worth of possessions + a bit of rent at a temp place for $101 year or something like that.

[gaemul]

don't need it out here

[Itsme]

Just north of San Diego...decided it was too expensive for the remote chance of losing everything.