Tag: CEA Earthquake insurance

Total Earthquake Coverage Hits $19 Billion After CEA’s Latest Expansion

Tate Ellison
Earthquake Coverage in California

Protect Your Home and Peace of Mind with Earthquake Insurance Ever wonder what would happen if a massive earthquake shook California tomorrow? Could any insurance company possibly cover the catastrophic damage? It’s a valid question. The good news? For nearly three decades, the California Earthquake Authority (CEA) has been preparing for exactly that. Established in 1996 after the devastating Northridge earthquake, the CEA is built to handle the unthinkable. It’s not some fly-by-night organization. For nearly 30 years, it’s been collecting premiums and building a financial safety net—with no significant…

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California earthquake insurance discount program unveiled

H. Cutner
Earthquake Insurance

The state has revealed a plan in the attempt to broaden tremor coverage among its property owners. Many experts feel that the next big tremor is well overdue and yet the vast majority of homeowners in San Diego County do not have the necessary California earthquake insurance to protect them in case it should actually hit. It is estimated that 85 percent of homes in that region do not have the right coverage for a quake. This week, the state’s commissioner, Dave Jones, joined others in the industry in order…

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More earthquake insurance options to be offered by CEA to state homeowners

Julie Campbell
Earthquake Insurance

Californians to have more choices to keep their properties and investments safe. The California Earthquake Authority (CEA) has announced that it will now be offering a new earthquake insurance product to residents of the state to provide them with a greater level of control over the premiums that they pay, and to give them the choice as to whether or not they would like their personal property covered. This coverage will be more accessible to homeowners by way of a new structure for deductibles. According to the CEO of the…

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