Earthquake Awareness.
From wildfires to earthquakes, California is home to many devastating natural disasters. Because disaster strikes when we least expect it, it is vital for homeowners to prepare now for the possibility of a catastrophic loss. A 2009 National Association of Insurance Commissioners survey revealed that the majority of American consumers do not have the coverage necessary to protect themselves from specific types of losses that are not reimbursed under standard policies. Based on a data call by the Department of Insurance, almost 90% of homeowners and renters do not have earthquake insurance.
We urge every Californian to evaluate their individual need for earthquake insurance, and to regularly inventory their belongings to make sure their existing homeowners coverage is adequate.