Why Earthquake Coverage is Important for Californians.
What’s an Earthquake?
As California residents, we know earthquakes are a real and consistent threat. According to the U.S. Geological Service (USGS), an earthquake is caused by a sudden slip on a fault. Tectonic plates are always slowly moving, but during the movement they get stuck at their edges due to friction. The released stress from the friction an earthquake.
Earthquakes are happening everyday throughout the Golden State – click here to view recent California activity that’s happening every day.
Here are some quick facts about earthquake risk in for California residents from the California Earthquake Authority (CEA):
- There are over 500 active faults in California, with a total of 15,700 faults in the state.
- There’s a greater than 99% chance of a 6.7 or greater earthquake to strike in California.
- Most Californians live within 30 miles of an active fault.
In July 2019, a 7.1 magnitude earthquake hit Ridgecrest, located in Southern California. The shake was so strong it was felt in Sacramento (Northern Central California). It shook mobile homes off their foundations, chimneys fell, and gas lines leaked. Some structures cracked, caught fire or lost water.
Certain locations are at a higher risk based on their local geographical features and faults.
According to the California Earthquake Authority (CEA), here are some stats about earthquake risk levels specifically for Stanislaus County:
- There’s a greater than 76% chance of one or more 7.0 or greater earthquakes.
- Large quakes from distant faults such as those in the San Francisco Bay Area or east of the Sierra Nevada can also cause significant damage to homes, businesses, and communities, especially in areas where water levels are high in soft soils that can settle unevenly during shaking.
- Soils in lowland areas away from major faults may be subject to liquefaction. Houses on liquefied soil may settle or even move laterally on gentle slopes. Landslides are possible on steep hillsides (ask us about coverage for flood and mudslides).
Earthquakes can disrupt or cause damage to electricity, water, sewer, phone lines, buildings’ foundations, and roads.
Earthquake coverage is available as homeowners, condo unit owners, mobile home owners, and renters policies to help you protect your investments.
Without additional coverage, you are responsible for all costs for repairs, rebuilding, or temporary relocation costs if an earthquake forces you from your home. Additionally, you are responsible for replacing damage inside your home to furniture, appliances, and other valuables.
Insurance rates are based on home’s age, location near a fault, your home’s type of foundation, construction, and roof. Most California residents do not have this additional coverage due to fear of high prices or lack of concern for earthquake damages.
Ask Team WIS&G about affordable earthquake coverage!
To help you stay aware of any earthquake action – we recommend you download the state of California’s MyShake App to keep you alert. This app works to collect, record, and detect data to help deliver precise information about local movement.