Personal Line Insurance
People in California can get insurance through the California Earthquake Authority (CEA), a body sponsored by the state to insure homeowners and renters in the earthquake-prone state. This is helpful because few insurance providers wish to insure individuals in such a high-risk area.
Earthquake insurance coverage varies widely. Some will cover the expenses related to replacing damaged property, while some will pay for damaged personal possessions inside a home. Others will also pay for damage to adjoining structures like garages and sheds.
Premiums for earthquake insurance depend on a number of things. First, the location plays an important role. If the place is specially prone to earthquakes, then the premiums will be higher. Second, the type of house you will get insurance for also plays a role. Older houses will usually have higher premiums. Houses made of wood will get you a lower premium because they endure earthquakes better.