What Earthquake Insurance Actually Covers in 2026

Lucas and Luna break down the reality of earthquake insurance for homeowners in California, Oregon, and other seismically active states. They walk through the actual numbers: average annual premiums from the California Earthquake Authority (CEA), typical deductibles of 10 to 20 percent, and what standard homeowners policies exclude. They discuss the mandatory waiting period, the difference between insured and uninsured losses after the 1989 Loma Prieta quake, and why even renters might consider a standalone policy. Specific cases include a homeowner in San Francisco paying $3,500 per year for $500,000 in dwelling coverage with a 15 percent deductible, and the calculation that a 6.8 magnitude quake could leave 40 percent of homeowners in the Bay Area without enough insurance to rebuild. A practical episode for anyone living near a fault line who wonders if the extra premium is worth it. #EarthquakeInsurance #CaliforniaEarthquakeAuthority #HomeownersInsurance #Deductible #NaturalDisaster #RiskManagement #CEA #LomaPrieta #SeismicSafety #InsuranceClaims #RentersInsurance #Premiums #CatastropheModeling #Reinsurance #Finance #InsurancePodcast #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo