Earthquake Insurance Issuance during the Crazy California Insurance Year

Can You Even Get Earthquake insurance in California in 2024? Earthquake Issuance during Crazy Insurance Times Who is writing Quake Insurance right now? The Background of the Crazy California Insurance Situation: The insurance market in California in 2024 is in a very crazy state. Numerous property insurers, including State Farm are not accepting new home…
Read More

How an Alien World Crashed into Planet Earth [and may produce Earthquakes]

Scientists have proposed that an large Alien World may have crashed into Earth billions of years ago and help to set the basis for our planet. Hence much of the inside of planet earth may be made up of another planet. This ground breaking and cutting edge theory may not be as crazy as it…
Read More

CAT Risk

What is Cat Risk? Catastrophic Risk and Catastrophe Insurance, briefly explained Who Insures Cat Risks? It is said that Catastrophe Insurance is insurance for certain “low probability high cost events.” Events that are typcally excluded from typical homeowners insurance. The Catastrphofic risks, CAT for short include: Flood, Earthquake, Hurricane, riot, and even terrorist events. A…
Read More

2023 Quake Alert Triggered in California

On October 18th at 9:29AM in the morning the automatic quake alert system went off. A 4.2M tremor triggered the alert system. According to Insurance Journal: “The tremor triggered a warning from the West Coast`s ShakeAlert system, which detects the start of a quake and sends alerts to smartphones in areas expected to experience shaking.”…
Read More

Fungi on a CEA Policy

What is Fungi on a CEA policy? Why does Fungi matter for Earthquake Policies? Fungi on the CEA Policy Form: The word Fungi is listed approximatly 12 times on the the BEQ-3B (01-2019 edition) California Earthquake Authority Basic Earthquake Policy for Homeowners. Fungus can also be found once. What is most interesting about Fungi as…
Read More

CEA Coverage Changes November 1, 2023

The CEA is enacting insurance changes to their earthquake insurance policies. In a letter sent directly to exisiting consumers. The CEA states that they are “writing to inform you about changes that are coming to your California Earthquake Authority (CEA)earthquake insurance policy..” More information is also available on their website. The changes are numerous and…
Read More

Earthquake Charities

From time to time we receive requests for places to donate money to in regards to Earthquakes. QuakeCov has not verified any of the financials of any of these donation sites, but below is a small list of some of the better known ones. A Partial List of Earthquake Charities: Red Cross Disaster Relief. The…
Read More

Farmers Earthquake Insurance

How to Purchase an Earthquake Insurance with Farmers Insurance in California. The CEA and Farmers Insurance Parternership Program. Alternative Quake Policies for Farmers Homeowners, About the Farmers CEA Earthquake Policy: Farmers Insurance provides earthquake insurance through the California Earthquake Authority. These quake policies are provided through the CEA Parternship Program. Farmers provides the marketing, sales,…
Read More

The Alarming Crack of Doom

An alarming new article found in the Sun raises concern of a possible mega quake off the coast of Oregon in the Pacific Ocean. This new short form article contains little in the way of scientific information – but does raise interesting questions about the risk of thermal vents found along the US Pacific Coast.…
Read More

Parametric Earthquake Insurance

the new type of earthquake protection available What is Parametric Insurance What is Parametric Earthquake Insurance and How its Measured How parametric earthquake insurance is different than standard earthquake insurance The Real Basics about Earthquake Parametric Insurance: Parametric Earthquake Insurance is a very new product globally and here in the United States. Provided by a…
Read More