I just started with earthquake insurance last year to complement my homeowners insurance. Why? because I have a good deal of equity in the property after 10 years of ownership.Homeowner insurance here in California typically does not include earthquake insurance. If it is optioned in, there are often times high deductibles associated with it, $50k not being a surprising deductible amount.
But then many people, myself included, get into the debate of why have earthquake insurance when there's FEMA. 🤷♂️