My house was the closet house to the I-15/State route 14 overpass that collapsed, during the Northridge Earthquake. I suffered a large drywall crack in a vaulted ceiling and a long crack in the plaster pool. Plus several IKEA-type wall units that were bolted to the wall but the shaking tore the particle board out of the wall anchors. I also lost several $1,000 of Waterford crystal that beat itself to death in the display cabinets. My costs to repair the drywall were a few hundred $, the pool about $1,000, and the cabinets and the crystal would not have been covered.
Current deductible, as stated above is around $60K. In a major quake, I doubt the CEA has anywhere near enough reserves to meet its obligations.
Almost forgot, I had a 7 foot tall 1930's Diebold safe that fell in the garage where my old Aston Martin DB4 would have been if I hadn't taken it that weekend to our beach house in Ventura, which is where I was when it happened. That safe is now securely lagged down. I never imagined it would topple over. The safe would have absolutely crushed the aluminum body of that car.
