earthquake insurance
Coverage of earthquake insurance in the Nexus archive.
- California can make earthquake insurance cheaper by reducing risk
California faces a high probability of major earthquakes in the next 30 years, yet only 13% of homeowners have earthquake insurance. Scientists estimate a 99% chance of such events, but low adoption of insurance suggests a gap between risk perception and preparedness.
- Threat of ‘The Big One’ sends Californians scrambling for earthquake insurance
California homeowners are rushing to purchase earthquake insurance due to fears of the anticipated 'Big One' earthquake. The article highlights increased demand for coverage as residents prepare for a potential major seismic event.
- Are you adequately insured for disasters?
Sam Thomsen from the Hawaii Insurance Division discusses disaster insurance coverage for hurricanes, floods, and earthquakes, as well as risks for homeowners, renters, and car owners. The conversation covers risk reduction, AI and cyber scams in insurance fraud, and steps to take if an insurance company exits the market or refuses to renew a policy.