California is well known for having more than one earthquake every now and again. Like every other natural disaster, the ramifications of an earthquake for California residents range from insignificant to catastrophic. For the most part, California residents do not seem to be all that concerned about having protection against an earthquake for their home and property.
This is evidenced by the fact that only around 10% of California homeowners have added an earthquake policy to their homeowner’s insurance recently. Although California has not experienced any major earthquakes in the last few decades,