Who Should Have Earthquake Insurance?

KQED

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A passerby stops to look at a collapsed carport following the 6.0 South Napa Earthquake on August 24, 2014.

Last weekend’s South Napa Earthquake is a dramatic reminder to Bay Area property owners that they’re vulnerable. The city of Napa estimates that it has sustained $300 million in damage so far to privately owned buildings. And yet, only one of nine Californians has earthquake insurance. We’ll discuss who should have earthquake insurance and how to get it.
Host: Rachael Myrow
Guests:
Bob Hartwig, president and economist at the Insurance Information Institute, an industry trade group
Glenn Pomeroy, CEO of the California Earthquake Authority, a public-private provider of earthquake insurance
Amy Bach, executive director and co-founder of United Policyholders, a San Francisco-based nonprofit that advocates for insurance consumers
Robin Respaut, finance reporter for Reuters News

The information presented in this publication is for general informational purposes and is not a substitute for legal advice. If you have a specific legal issue or problem, United Policyholders recommends that you consult with an attorney. Guidance on hiring professional help can be found in the “Find Help” section of www.uphelp.org. United Policyholders does not sell insurance or certify, endorse or warrant any of the insurance products, vendors, or professionals identified on our website.

Source: https://uphelp.org/who-should-have-earthquake-insurance/
Date: November 22, 2024