Tuesday, July 29, 2008

Minor earthquake in L.A., 5.6 ...

Right near my home town of Pomona, apparently -- about 70 miles away from where I am now. In any event, before I get the usual dozen emails asking how everyone is, as far as I know, everyone's fine. Can't reach some people yet -- cell service is flaky -- but I have internet, obviously.

http://quake.wr.usgs.gov/recenteqs/Quakes/ci14383980.htm

5 comments:

Deadford said...

I'm glad all is well!

Steve Perry said...

We had a quake that big here, twelve, fifteen years ago. Woke up about five a.m., the bed was shaking. My wife and I, who had lived in L.A. for three years in the sixties, knew immediately6 what it was. Some chimneys fell over. One guy was killed when a rock came down off a hill and hit his car. Didn't hurt his wife sitting next to him.

That was such a rare happening here, you could still get earthquake insurance. After that, we added it to our policy, once the aftershocks stopped. Had to wait thirty days.

I can't imagine what quake insurance runs down there, if it you can get anybody to write such a policy for any price.

Dan Moran said...

I've read, don't know if it's true, that the Northridge earthquake resulted in more claims -- well upwards of 10 billion dollars -- than had ever been paid in earthquake insurance premiums in the history of the state.

Right now's a bad time for earthquake insurance anyways -- a lot of people owe more on their homes than the homes are worth. A lot more have so little equity that the deductible (which is huge, 15% of the cost of the repairs) would wipe their equity out. In either case there's no point in carrying earthquake insurance. So if you're carrying half a million in "insurance" ... you still have to pay the first $75,000 out of pocket before the insurance pays a dime.

Fatty said...

That's why my agent told me if the house catches on fire, don't be in such a hurry to put it out.

Now I live in Flagstaff, AZ and we don't have Earthquakes. Just the occasional Volcano going off every 1,000 years. Let's see, last one to blow, 1,009 A.D. Yikes! I better check my policy for Volcano coverage.

J.D. Ray said...

I presume that if you were dead, you would have posted something to that effect on your blog... Oh, wait...