annabanana
New member
What do you guys think of this? Should we get it?
Honestly, a waste of money.annabanana said:What do you guys think of this? Should we get it?
Why is that actually? We are in earth quake country... and we have felt quite a few.USCTrojanCPA said:Honestly, a waste of money.annabanana said:What do you guys think of this? Should we get it?
Well, considering that we haven't had a serious earthquake in about 20 years and even that earthquake didn't do that much damage down here in OC I think earthquake insurance is a waste of money. If there was a huge earthquake that caused a lot of damage the federal gov't was come in offering 0% interest loans to rebuild.irvinehomeowner said:Why is that actually? We are in earth quake country... and we have felt quite a few.USCTrojanCPA said:Honestly, a waste of money.annabanana said:What do you guys think of this? Should we get it?
I guess if there is a quake huge enough to do serious damage... we'll get bailed out?
USCTrojanCPA said:Well, considering that we haven't had a serious earthquake in about 20 years and even that earthquake didn't do that much damage down here in OC I think earthquake insurance is a waste of money. If there was a huge earthquake that caused a lot of damage the federal gov't was come in offering 0% interest loans to rebuild.irvinehomeowner said:Why is that actually? We are in earth quake country... and we have felt quite a few.USCTrojanCPA said:Honestly, a waste of money.annabanana said:What do you guys think of this? Should we get it?
I guess if there is a quake huge enough to do serious damage... we'll get bailed out?
newhomebuyer said:Sorry, I meant if Northridge earthquake had any effect on Northridge real estate.
irvinehomeowner said:How much more did it add per year/month?
irvineresident said:irvinehomeowner said:How much more did it add per year/month?
We bought the California Earthquake Authority (CEA) policy through our HO Insurance company. It added about $600 to our annual premium. We felt its a relatively small price to pay for the benefit and peace of mind.