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I wonder what the risk profile looks like for CA earthquake insurance. Earthquake damage is semi-isolated to areas close to the epicenter or built on landfill,
by dehrmann 3y ago
I wonder what the risk profile looks like for CA earthquake insurance. Earthquake damage is semi-isolated to areas close to the epicenter or built on landfill, major earthquakes are rare, but I could see 5-10% of policies making claims when there is a major earthquake.
- baq 3y agoIt’s possible to build such that earthquakes aren’t that big of a deal, see Japan. I don’t think it’s possible to build something resilient that’s consistently flooded with salt water. Unless it’s a boat. And those cost a lot to maintain.
- dehrmann 3y ago> I don’t think it’s possible to build something resilient that’s consistently flooded with salt water. The Dutch beg to differ. But I agree with your point that buildings can be built quite resilient.