Important Announcement From The California Earthquake Authority (CEA)
Whether you own or rent, already have a CEA policy, or are considering earthquake insurance for the first time, CEA now offers more options (beginning in 2016) to help make this important coverage more affordable:
- Lower rates beginning in 2016 (Upon renewal for existing policyholders) and;
- New deductible choices ranging from 5% to 25% - you never have to pay any portion of a deductible to receive your CEA claim payment;
- Higher limits for Personal Property and Loss Of Use (expenses from living outside your damaged home);
- New coverages for breakable personal property, exterior masonry veneer, chimneys and green-building upgrades, as well as
- A greater hazard-reduction (retrofit) premium discount up to 20%.
Also see: Los Angeles Earthquake Warning! (02/05/16)