FAQ

None of our carriers are an assessment policy and will not charge additional fees. However, the California Earthquake Authority (CEA) can charge an additional 20% of the annual premium to their policy holders after a major earthquake.

All our carriers are admitted and backed by the California Insurance Guarantee Association (CIGA) up to $500,000 for every policy they write! The CEA is not an admitted carrier in the State of California and therefore is not backed by CIGA. Meaning, they will not have to pay their claims as promised if they become insolvent.

The Carriers we partner with offer the following for Pool Coverage: Aegis and Universal offer up to $25,000, Palomar offers up to $50,000, ICat offers up to $100,000 (depending on policy type), and QBE includes Pool Coverage in their Other Structures Limit with no Sub-Limit! The CEA does not offer any coverage for swimming pools, spas, or hot tubs.

Some of our carriers offer deductibles as low as 2%! Whereas, the CEA’s lowest deductible offered is 5%.

Do you recall the Northridge Quake in 1994? This quake left property damage of about $20 Billion. The CEA States that they have over $15 Billion in claims paying assets. The CEA Disclosure clearly states that if they become insolvent they are not required to pay their claims as promised.

According to EarthquakeSafety.com: “The primary purpose of earthquake retrofitting is to keep your home from being displaced from its concrete foundation — making the building safer and less prone to major structural damage during an earthquake.” To learn more about Earthquake Retrofitting and making sure your home is secure, please click here.