26 Years Later ….. This Risk is Unresolved and Still Exists!
As we gather our thoughts on the 26th anniversary of the Northridge Earthquake, one of the most costly natural disasters in American history.
Tens of Thousands of homes suffered damaged or were destroyed, the quake displaced over 20,000 people.
When the Northridge earthquake occurred at 4:31 AM Pacific Time, approximately 40% of homeowners had earthquake insurance. After 26 years, an alarming 15% of homes have earthquake coverage.
Beginning a new year and a new decade, this would be an opportune time to assess earthquake risk and investigate all available options regarding the need for earthquake insurance.