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First thing insurance inspectors check is if the older home is bolted to foundation. It's a must.
Earthquake insurance was actually affordable when it was first offered. Now it can be more than a standard policy and the deductibles are huge. On a $500,000 policy, the deductible can be $100,000. If one wall collapses on my home, I may as well knock the others down so the insurance can kick in.
Hugh, quake insurance wouldn't have helped you with your fireplaces. You need almost catastrophic damage.
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