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Earthquake insurance
The state of California specifically states that it does not back up CEA earthquakeinsurance, in the event that claims from a major earthquake were to drain all ... |
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How Big a Disaster Can Insurers Survive? - NYTimes.com
As insurers add up the damage wrought by Hurricane Andrew, what is ... they have been horrified by the prospect of a giant earthquake in a ... could result in insurance claims of $40 billion or more, and it could ... Of 18 companies studied, five would become insolvent and all would ... . Too Hot to Handle ... |
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Earthquake insurance: Are you insured for the Big One? - latimes
The massive earthquake and tsunami that struck Japan will cost ... from one of its 25 participating private insurers, such as State Farm, Allstate and Farmers. ... That's enough to handle all claims from earthquakes similar to the ... |
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FAQ's about Property Damage Insurance Claims | United ...
If this is your first experience with a large insurance claim, recognize that it's ... If you rely only on the company adjuster to calculate your losses, you may leave ... ALE does not cover items you were paying for before the loss, such as your mortgage. ... Most people need all available ALE coverage to pay their rent during the... |
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10: Earthquake Insurance: Betting Against Earthquakes | Living With ...
The claims on the insurance company would be many times more costly than the number the ... It might even handle a magnitude 7.9 earthquake on the central San ... would be unable to pay all claims arising from a catastrophic M 9 earthquake on ... . A major catastrophe such as the Nisqually Earthquake brings immediate ... |
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When Disaster Strikes - What to Do After an Insured Homeowners ...
Here are some things you can do before a disaster strikes to make claim ... Remember: basic homeowners insurance policies do not cover flood, earthquake or mine ... If your insurance company does not have representatives on the scene ... you should make all necessary temporary repairs, such as boarding up windows ... |
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Earthquake Insurance - California Department of Insurance
Does earthquake insurance cover all damage from earthquakes? ... Most companies in California that sell homeowners or renters insurance are members of CEA. ... The limit is usually low-such as $5,000 or 10% of the limit on the dwelling. ... . If your claim is larger than your deductible, the insurance companywill subtract ... |
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The California Earthquake Authority (CEA) - Ca - Departments
Insurance companies lobbied to get the mandatory earthquake insurance law ... offer of earthquake insurance carried such large potential risks that they would ... applications, changes, policy renewals and payments and handle all claims. ... . that CEA can access if needed (in other words, if there is a major earthquake in ... |
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Living with Earthquakes in the Pacific Northwest
The chapters that follow describe the human response to earthquakes at all scales, ... commitment toward earthquake hazard mitigation, although major cities such as ... The claims on the insurance company would be many times more costly than the ... It might even handle a magnitude 7.9 earthquake on the central San ... |