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A CA condo conundrum: EQI
If you have been to the California Earthquake Authority (CEA) website, you well realize the efforts of this quasi-governmental nonprofit to spur the marketing of earthquake insurance (EQI) in California. Data at the CEA site explains that only about 12 percent of Californians actually have EQI at the present time. It is almost impossible to find statistics on how many California condo owners have EQI, but it stands to reason that the percentages are less than the 12 percent number. That's largely due to the fact that condo owners (because of the association factor) are disadvantaged in this marketplace, as the following video will attest.