Earthquakes are always in the news in California, and as issues like homeowner’s insurance become more prominent, it’s time we start talking more about earthquake insurance protection.
In the latest episode of Up 2 Speed, LyteSpeed Learning’s insurance focused podcast, we were thrilled to be able to sit down with Gleen Pomeroy and Jerry Garcia, two of the foremost experts on earthquake insurance coverage.
We talk about the science of earthquakes in California. We talk about some of the issues with traditional property insurance coverage. We talk about why earthquake insurance is essential, historical shifts in policy ever since the Northridge earthquake, and what the private sector is doing – and trying to do – to fill in the gaps.
We also get into the nitty gritty of earthquake coverage options, including policy structures, deductible intricacies, the *critical* importance of education (many homeowners do NOT know their earthquake coverage), and some of the current, former, and upcoming challenges associated with major seismic events. We also touch on public programs like California Earthquake Authority and FEMA.
You can listen to the podcast here:
Or wherever you get your podcasts.
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