California Earthquake Authority (CEA) earthquake insurance

California Earthquake Authority Insurance Policy

• Earthquake insurance policy for homeowners
  You need a separate earthquake insurance policy to cover your home and your belongings as most homeowners insurance policies don’t cover earthquake damage. CEA has two policies for homeowners:

  Homeowners Choice: Covers home, building code upgrades and emergency repairs.
  Standard Homeowners: Coverage includes home, personal property, building code upgrades, the additional costs to live elsewhere due to earthquake damage (Loss of Use), and emergency repairs.

• Earthquake insurance policy for condo unit
  Condo unit policy covers building code upgrade and emergency repairs.
• Earthquake insurance policy for mobile homeowners
  CEA offers two policies for mobilehome owners:

  Homeowners Choice: Covers home, building code upgrade, emergency repairs.
  Standard Homeowners: Coverage includes home, personal property, building code upgrades, the additional costs to live elsewhere due to earthquake damage (Loss of Use), and emergency repairs.

• Earthquake insurance policy for renters

  Renters policy cover personal property, emergency repairs, loss of use and breakage. A California Earthquake Authority (CEA) renters earthquake policy will help to repair and replace personal property, such as TVs and furniture, pay for loss of use and additional living expenses and cover emergency repairs, such as removing broken glass from furniture and clothing.

• The house was built before 1979;
• The house is of wood-frame construction;
• The house is built on a raised foundation. If your house has a post-and-pier foundation, the retrofit must comply with state building codes;
• The house’s wood frame is secured to the concrete foundation;
• The house’s water heater is secured to the house’s wood frame; and
• The house’s cripple walls (any walls under the main floor that are less than full-story height––not all houses have them) are braced with plywood or equivalent, in accordance with state building codes.

• CEA is financially sound, with an A- (Excellent) rating from A.M. Best Co., the world’s leading rating agency of insurance companies.
• CEA is privately funded. We don’t receive any money from the state, so state budgets or deficits have no impact on our ability to pay claims.

1. Without earthquake insurance, the cost of any damage is your cost
2. Excellent financial ratings
3. Expert service
4. Rates based on science, not profit
5. Not tied to government budgets