Do you have Earthquake insurance? CA only please
As title
The deductible for most policies is like 50k, so it’s only worth it if you expect a total tear down loss on your home. Most homes will not fall down like that, so it’s mostly money thrown out the window. You will have damage to your home. But chances are you’ll eat those costs before your insurance company does.
This. You can repair a lot of damage for $50k. Earthquake insurance might make sense if it were cheap. But it’s not.
You can get more expensive policies that have deductibles that match your existing home owner policy. But they’re expensive. Ameriprise via Costco membership seems to be the best that I found. But again...expensive.
It's a scam. Please dm me though if you believe in it; I would like to see you alien invasion insurance.
From my friends, what I realized is earthquake insurance is pretty much useless since they do not cover damage by fire after earthquake and that is where most of the damage occurs. So your Normal insurance should be good enough to take care of it. Please correct if I am wrong here.
That's what homeowners covers, fire, flood, etc.
Yes. That was precisely my point. Homeowners covers most of it. So getting a good home owners is important.