Number of properties insured against quakes in Calif. drops

05/23/2008 | PropertyCasualty360

Only about 12% of California residents are insuring their property for earthquakes. This is an 18% decline from 1996. There is speculation that the number might increase as a result of the quake in China, but no numbers are in yet. A geological report says a major quake in Calif. will occur before 2028.

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