You live in San Francisco -- Do You Need Earthquake Insurance?
Posted by Josh Anish on January 04, 2012 in Consumers
There are two types of people in the Bay Area: those who worry about earthquakes a lot, and those who will themselves to forget about the threat. That dichotomy usually manifests itself in one’s feelings about the necessity of earthquake insurance as well, with those who keep a week’s supply of water underneath the bed traditionally in favor of the coverage.
In the spirit of full disclosure, I am fully in the willed ignorance camp. In my humble opinion, there are pros and cons to living in any city. San Francisco has a lot of obvious pros (natural beauty, nice people, tremendous burritos) and slightly fewer things working against it -- i.e. that it sits near one of the most active fault lines in North America. But after carefully reviewing all the factors, I have decided to live here. Earthquakes are baked into the decision.
But of course other people disagree and I promise to be as objective as possible when reviewing the pros and cons of earthquake insurance.