California's Best Earthquake Insurance Rates Revealed Now

Factors Influencing Earthquake Insurance Rates

Several factors determine the cost of earthquake insurance in California. Primarily, the location of your home plays a significant role. Homes situated near fault lines or in areas with a history of seismic activity generally incur higher premiums. Additionally, the age and construction type of a house can influence rates, with older homes or those not retrofitted to withstand earthquakes typically costing more to insure.

Another factor is the deductible, which is usually a percentage of the coverage limit rather than a fixed dollar amount. Common deductibles range from 10% to 20% of the policy limit, affecting the overall premium².