If your home and personal property were severely damaged by an earthquake, would your renters insurance cover it? Many policyholders don't realize that most property insurance policies do not cover loss due to an earthquake.
Protect your home and personal property by obtaining earthquake insurance.
California Earthquake Authority (CEA)
You can purchase earthquake insurance through AAA from the California Earthquake Authority (CEA). AAA offers policies tailored for differing needs, with a variety of options available. The CEA, a publicly managed, privately funded organization created by the state legislature, has provided earthquake insurance since 1996. Today, the CEA is the largest residential earthquake insurance organization in the world.
For additional information, you can also visit: www.earthquakeauthority.com
Coverage Available for California Renters
Earthquake insurance for renters can insure personal possessions and can provide tenants with options if they are forced from their home by an earthquake. If an earthquake damages or destroys your personal property, many coverage options are available, with limits up to $100,000 and a deductible of only $750.
What's more, a renters earthquake policy gives you the ability to choose from a variety of limits for additional living expenses – up to $25,000 with no deductible – that may provide you a place to stay.*
For more information, or to purchase a policy, please contact a sales representative at your local AAA office.
The CEA Earthquake policy has limitations, exclusions and conditions which are more restrictive than your homeowners policy from CSAA. CEA Earthquake insurance comes with substantial deductibles. Please make sure you have a complete understanding of the deductibles and CEA policy limits and exclusions.
*Additional living expense coverage may provide funds if your dwelling is officially determined to be unsafe after an earthquake.
This summary description is not intended to be a complete description of CEA insurance.