The ring of fire seems increasingly active of late...
We live ten miles from the lower portion of the infamous San Andreas fault here in the California desert -- and it's been getting a bit uppity of late.
The state did it's version of Obamacare regarding earthquake insurance also.........regulated all the private providers into a state of non-competitiveness, so we're hosed.
Two months ago, at renewal with an insurer, we had an option of renewing at a premium of $1700 -- which wouldn't kick in until we'd had $85,000 worth of destruction -- or the State Fund, at a premium of "only" $1000 or so, and a deductible of "only" 40K.