Consulting
Earthquakes are a fact of life in California—and rising construction costs mean many insurance policies won’t come close to covering real damage. Deductibles are based on replacement cost, not market value.
Knowing where you’re exposed, and whether your insurance and mitigation measures truly protect you, is essential for your bottom line. We give you clear, affordable insight into your risk. Reach out to us today.
There are practical, cost-effective ways to reduce exposure and avoid losses without major retrofits. We’ll show you the smartest path forward.
Case Study – Multifamily Residential
Faced with rising insurance costs, a multifamily residential property owner came to us for help. We identified likely earthquake loss scenarios and assessed whether their current insurance would cover them in those cases. We found that even in a major earthquake their insurance would not be effective due to its structure and terms, despite a premium of over $125,000 per year.
As a result, they changed their insurance program to be more effective, and diverted the resources they saved to some simple property improvements that will have a major risk-reduction effect going forward.