If you own a home in California, it's important to be aware of a very real threat: earthquakes.
A recent study estimates that an earthquake occurs every 3 minutes in California. While the vast majority are small, the state usually sees 2 or 3 earthquakes big enough to damage structures (magnitude 5.5 or higher) each year. And there's always the possibility of a major earthquake, such as the 1994 Northridge quake or the Ridgecrest quakes of 2019, which can cause billions of dollars in damage. That's why it's important to prepare your home for an earthquake ahead of time.
With such an ever-present threat, homeowners are encouraged to have a dedicated California Earthquake Authority (CEA) policy in addition to a standard home insurance policy.