CEA encourages California homeowners, mobilehome owners, condo unit owners and renters to reduce their risk of earthquake loss and damage through education, mitigation and insurance. A CEA policy ca...
CEA encourages California homeowners, mobilehome owners, condo unit owners and renters to reduce their risk of earthquake loss and damage through education, mitigation and insurance. A CEA policy can help repair or rebuild a damaged home, replace valuable personal belongings after a damaging quake, and provide coverage for additional living expenses. Seismic retrofitting, with financial assistance from CEA in eligible areas, can increase safety for people in older houses when the ground shakes, and reduce the premium cost for earthquake coverage. Backed by 20 years of experience selling earthquake insurance, CEA is the largest residential earthquake insurer, representing more than 76 percent of all residential earthquake insurance policies sold in California. By law, CEA rates must allow CEA to remain financially sound and able to pay its covered claims. Rates must be based on the best available science for assessing earthquake risk. With more than $15 billion in claim-paying ability, combined with the service expertise provided by its participating insurance companies, CEA provides its policyholders with The Strength to Rebuild®. CEA earthquake insurance policies are sold only through CEA participating insurance companies. Participating insurance companies process all CEA policy applications, policy renewals, invoices, and payments and handle all CEA claims. Homeowners, owners of manufactured homes (mobilehome owners), condo unit owners and renters who wish to purchase CEA insurance can do so only through CEA's participating insurance companies. CEA, working closely with participating insurers and agents, is committed to getting more Californians financially protected against damaging earthquakes through education, mitigation and insurance. Visit EarthquakeAuthority.com to learn about policy updates that include more coverage choices, more deductible options, and more affordable rates.