California E&S Insurance

> in the event of a major event that causes lots of people to file claims, the earthquake authority will go bankrupt and you won't get anything anyway Read up on [reinsurance](https://en.wikipedia.org/wiki/Reinsurance). There's a whole market designed to keep that from happening where your insurer will have a cross-policy with a larger insurer (or many insurers) to limit their loss.

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