Threat of ‘The Big One’ sends Californians scrambling for earthquake insurance
First publishedJul 12, 23:25 UTC
Last updatedJul 13, 02:43 UTC · 9m ago
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Californian homeowners are rushing to buy earthquake insurance because of the threat of 'The Big One.' Many people are contacting insurance agents quickly to get coverage before a major earthquake happens in California.
The report
Californians know another major earthquake is coming. The only question is when. Scientists believe that there is more than a 99 percent chance of one or more major earthquakes hitting California in the next 30 years. Yet only about 13 percent of California homeowners carry earthquake insurance. Approximately two thirds of California’s residential earthquake insurance...
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