Rise to Earthquake Premiums from the California Earthquake Authority

If a plan to restructure the finances of the California Earthquake Authority goes ahead this could lease consumers paying an average of 8% more per year on the insurance premiums. Whilst the contribution to the state agency would be cut by upt o a third.

If funding is cut to the state then many insurers have said that they will no longer do business in California rather than suffer future losses.

For more information for to yellowbrix