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Earthquake Coverage
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California Earthquake Authority
(CEA)
The CEA was formed to provide
earthquake insurance to residential property owners including
homeowners, individual condominium unit owners, mobile homeowners, and
renters. Under the CEA plan, the CEA member insurance company is
required to offer earthquake coverage subject to the minimum dwelling
and personal property requirements as outlined in CIC Section 10089 and
as discussed in the "Earthquake Coverage" section of this brochure. Your
dwelling must be covered according to the CEA policy guidelines;
however, other structures such as outbuildings, swimming pools, and
masonry fences are specifically excluded (as is the case with the
majority of earthquake policies). The CEA has more recently offered
broader coverage in response to growing claim reserves and positive
reports of plan solvency.
You cannot purchase earthquake coverage directly from the CEA. The
CEA does not offer stand-alone earthquake policies. Only licensed
California insurers who are CEA member companies can sell CEA policies.
You must have a residential property policy in-force or be purchasing a
new residential property policy from a CEA member insurer in order to be
offered a CEA policy. The residential insurance companies participating
in the CEA currently underwrite over 70% of the residential property
insurance sold in California. A participating CEA company can only offer
CEA policies.
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