Earthquake Insurance Broker

What is an Earthquake Insurance Broker? How do you get Earthquake Quotes from Multiple Companies Who writes Earthquake Insurance? How to Find an Earthquake Insurance Broker? Numerous insurance agents offer earthquake insurance policies. Most offer just one residential earthquake option- typically the California Earthquake Authority, also known simply as the CEA. A few offer the…
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Hay Wired Earthquake Scenario

The Hay Wired Earthquake Scenario now Available online: An October 2021 report from the USGS is now available for the public to peruse. The New report from the USGS is worth a solid read. Severl publications, include a report, a movie, and a fact sheet are now available on the USGS website. For most consumers…
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Third Thursday of October is the Great Shake Out

What is the Great ShakeOut Day? -The third Thursday of October each year is called the Great Shake [ShakeOut] Out Day. -The Great Shake Out Day is an International Day The great shakeout day is a day of international quake preperation “The Great ShakeOut earthquake drills are based on scenario earthquakes that could effect the…
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What is a Sublimit on an CEA Earthquake Policy?

A sublimit is a classic insurance definition that few consumers understand. Sublimits “limit” coverage on certain items of property. The Definition of a Sublimit found on a CEA policy: According to the Homeowners Choice CEA policy [version BEQ-3C (01-2019 edition] page 7 a Sublimit “means a dollar limit on a coverage for a specific type…
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Geovera Launches New Earthquake Insurance Policy in California

California based EQ Insurer launches new Earthquake Insurance Option The new Options allows for increased flexibility The New Geovera Earthquake Insurance Option: Geovera, based in Fairfield California, has a launched a “new earthquake insurance policy” “with flexible coverage limits, a broad range of deductibles, and California’s lowest rates” according to a statement from the California…
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California FAIR plan now processing CEA Quote Submissions

Two distinct California quasi governement insurers are now working in tandem. Program is intended for FAIR plan policies. CEA and FAIR: According to an email bulletin “The California Earthquake Authority (CEA) quote submission process has just been made easier. It is now automated through the California FAIR Plan broker portal and can be done online.” It is…
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Significant Earthquake Shakes Alaska

Very Large Earthquake Hits Alaskan Penisula, triggering aftershocks and tsunami warnings. Potentially the largest American Earthquake in over 50 years? An 8.2 Earthquake shook Alaska recently on 1015PM on July 28th 2021. The quake shook for significant period of time. As of the date of this short article the earthquake is being referred to as…
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What does the Bold Type on a CEA Policy Refer to?

Many Insurance Policies contain Bold Typeface. The Bold Type on a CEA policy simply refers to terms that are later defined in the policy. Only some terms on a CEA policy are specifically defined within the policy. Just because a term is NOT defined does not mean that a definition does not exist. Bold Type,…
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When was the California Earthquake Authority [CEA]Created?

What year was the CEA Created and Founded? When did the California Earthquake Authority sell its first policy? How Old is the CEA? When was the CEA Created? The CEA was created in 1996 by the state of the California Legislature. “There is hereby created the California Earthquake Authority, which shall be administered and governed…
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How the CEA Defines Aftershocks, or Doesn’t

Simply put aftershocks are earthquakes after an initial earthquake. However the definition is not perfectly clear on the California Earthquake Authority Policy. The when, where, how, etc may be key to your earthquake insurance policy and any possible protection you may [or may not] receive. It is important for you to understand the concept of…
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