Protecting Your Investment from Earthquakes
Earthquakes are a constant reality throughout California. Understanding how your insurance and mitigation measures will – or won’t – protect you is critical for HOAs, property managers, and owners.
Partly due to skyrocketing construction costs, earthquake insurance often won’t pay out in the most likely damage scenarios.
Would your insurance ever pay out? It’s not an easy question.
A typical $8 million multifamily building would have a deductible of $1.2 million, usually applied per building. Is your Association ready to foot that bill?
15% of replacement cost
The most common deductible for earthquake insurance in California, usually applied per-building for larger HOAs
+68% increase
In construction costs in California since 2015, driving up deductibles significantly for all properties
How we can help
Our structured process delivers concrete options for protection and cost savings.
Property Review
We review your property’s structural design, then visit your property to observe vulnerabilities, assess key systems, and evaluate systemic risks. We consult with your staff to understand the nuances of your property and its exposure.
Risk Analysis & Consultation
We develop likely earthquake scenarios, estimate potential losses, and collaborate with your team and insurance brokers to understand coverage options and cost implications.
Results & Action
We discuss our findings and your options with your stakeholders, insurance brokers, and others to help you put knowledge into action.
Contact us
Interested in working together? Fill out some info and we will be in touch shortly. We can’t wait to hear from you!