*Re: DR = Disaster Recovery for Stone Canyon for Trilogy Glen Ivy.  Here, we embark upon a series of posts on this topic for the primary benefit of the 170 homeowners in this condo community special benefit area, the location where the blogger archivist happens to reside.  Follow the stream of comments, posts, and links to see why this topic has become a common interest development within this HOA. ▶ WHY DOES EARTHQUAKE INSURANCE FOR STONE CANYON REQUIRE A MEMBERSHIP VOTE? Go to the 1st post in this series▶ http://bit.ly/2hgK4pP▶ ▶ Because a mediation agreement (voted and added to the CC&Rs in 2014) requires such as a successful effort to resolve a prior dispute about the issue. ▶ The homeowner vote regarding any regular or special assessments, of course, means that the issue put to a vote (in this case, EQI) has been discussed and fully vetted during general (open) sessions of the HOA board. Why would this not be a best policy? In fact, if you visit the follow...

http://bit.ly/2hwoO3Z https://goo.gl/hQG6bY If you read the last post on topic, the question of a  $12 billion  # SocialCurrentSee search continues because of the revelation that the California Earthquake Authority   has that sum of claims-paying capacity in case of The Big One , a major earthquake or series of earthquakes ▶  With an estimated  920,000 policy holders currently enrolled by CEA , the claims-paying capacity would possibly net  $13,043.47  to each policy holder if all should make a # EQI claim at the same time (not likely) ▶ See the calculation summary below ▶  Of course, that is not a possible scenario because those hundreds of thousands of policy holders are spread across some 163,696 sq. miles of the Golden Stat e, so just what are the chances that the whole state is impacted at the same time by a quake of any magnitude? ▶ In reality, these calculations of dividing this $12 billion CEA "reserve" h...

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.  ▶ Flip②▶  STORIFY  ♥  FLIPBOARD  ★  BLOGGER ▲ ALTACITIES  ® ▶  TWITTER See more in the 'social current see' with   3,800+ followers  on  FLIPBOARD   and the other media links noted above [ View the story "A CA condo conundrum: EQI" on Storify ]