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| Please click one of the following questions to see the answer or ask a question here. |
Questions:
• Will FEMA Bail Me Out Instead of Purchasing Coverage?
• What is the CEA or California Earthquake Authority?
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Will FEMA Bail Me Out Instead of Purchasing Coverage?
A: Don't assume that FEMA, the SBA and/or private charities will bail you out with funds to rebuild after a major disaster. FEMA has very limited funds and strict eligibility criteria. SBA loans are modest and must be repaid. Private charities are being severely stretched by an ever-increasing demand for their services. |
What is the CEA or California Earthquake Authority?
A: Home insurance does not cover earthquake damage. A separate earthquake policy is required. Learn how CEA earthquake insurance policies can help you recover from damaging earthquakes.
The CEA offers basic residential earthquake insurance for individually owned residential structures of not more than f our units; mobilehomes; individual condominiums, townhouses, or certain other common interest development properties (collectively referred to on this Web site as “condominiums”); and renters. The CEA does not offer insurance coverage for commercial, industrial, or business properties.
CEA earthquake insurance policies are sold only through CEA participating insurance companies. You can buy CEA coverage only through the insurance company that provides your residential property insurance and only if that company is a CEA participating insurance company. Participating insurance companies process all CEA policy applications, policy renewals, invoices, and payments and handle all CEA claims.
Please call us at (805) 277-7237 for a list of participating companies
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