Homeowners in San Diego County, California, are shaken after the magnitude-4.2 earthquake.
San Diego County was rattled by a magnitude-4.2 earthquake that struck North of Borrego Springs on Saturday, December 31, 2022, at 4:12 AM Pacific Time and was felt across the region. The shaking was felt from San Diego to Oceanside. Also, along the coast, and from Fallbrook to Boulevard in inland areas, the Geological Survey said. The quake was felt in Los Angeles, Long Beach, Cathedral City, Mission Viejo, Irvine, and the Salton Sea.Did you know that your homeowner insurance policy does not provide coverage for earthquake damage?
If you own a home in California, consider how an earthquake can instantly wipe out your hard-earned equity. According to a recent three-year data sample, an average of five earthquakes with magnitudes between 5.0 and 6.0 occur yearly in California. The probability of an earthquake measuring magnitude 6.7 in the next 30 years is 60% in the Los Angeles area and 72% in the San Francisco Bay Area. Earthquakes like this serve as a reminder for those who do not have earthquake insurance to look for coverage as soon as possible. These situations happen randomly; stay prepared and protect your home/valuables before it is too late.If you experience a total loss in an earthquake, can you afford to rebuild, replace your belongings, find another place to live, and pay off your existing loans?GeoVera’s stand-alone residential earthquake insurance will cover your dwelling, other structures, your contents, personal liability, loss of use, and more.
