I don’t often say this, but dude, you’re dumb. (Not a generalization because I’m specifically addressing you.)
I quoted Magister’s deductible number.[/quote]
That’s really mature. And you quoted HIS deductible assuming that it would apply to YOUR house. You did NOT quote HIS house rebuild value or YOUR deductible.
So I am dumb?
I could sell my house for around a million bucks next week. But all the value is in the land. And the land will still be there after the quake, unless the REALLY Big One hits; in which case, who cares?[/quote]
Goes to show how much you do NOT know about Earthquakes. Look at the site I posted; it clearly shows the effect of even the (relatively small) Loma Prieta quake; the ground cracked in SEVERAL places all over and around the fault and caused it to liquify in several other places, even far away from the fault.
My home owner’s insurance (that covers fire etc.) has the replacement value of my HOUSE at around $230,000.[/quote]
Did you get a quote from the CEA for a quake insurance for YOUR house? If your house really is that cheap to rebuild, I’m sure your deductible will NOT be $130k even for a much, much lower yearly payment.