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Despite this significant market share, only 14% of all residential insurance policyholders in the state had earthquake coverage. This percentage includes various types of dwellings, with homeowners and condo owners at approximately 16%, renters at 14%, and mobile home owners at 20%.
Earthquake insurance is a form of property insurance that pays the policyholder in the event of an earthquake that causes damage to the property. Most ordinary homeowners insurance policies do not cover earthquake damage. Most earthquake insurance policies feature a high deductible, which makes this type of insurance useful if the entire home ...
Garcia said earthquake insurance may be worth the money when you take into account costs associated with rebuilding on your own after an earthquake, how time consuming it can all be and how ...
To buy or not to buy earthquake insurance. Two weeks after Haiti's devastating temblor, that question is on the front burner again. Whether you live in St. Louis or San Francisco, it's hard to ...
Magnitude of the earthquake and aftershocks. The 1994 Northridge earthquake affected the Los Angeles area of California on January 17, 1994, at 04:30:55 PST. The epicenter of the moment magnitude 6.7 ( Mw) blind thrust earthquake was beneath the San Fernando Valley. [3] Lasting approximately 8 seconds and achieving the largest peak ground ...
Feb. 6—The Oklahoma Insurance Department during Earthquake Awareness Month answers questions about earthquake insurance. 1 Do I need earthquake insurance? A standard homeowner's policy does not ...
The Automobile Club of Southern California is the Southern California affiliate of the American Automobile Association (AAA) federation of motor clubs.The Auto Club was founded on December 13, 1900, in Los Angeles as one of the nation's first motor clubs dedicated to improving roads, proposing traffic laws, and improvement of overall driving conditions.
After a 5.4 magnitude earthquake shook southern Illinois this morning, I wondered what would happen if my home were caught in a strong tremor. Like most people, my home insurance doesn't cover ...
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