Many Condo HOA's maintain an Earthquake Insurance Policy for the Association and its members. However, owners are liable for a large deductable in the case of a claim.
Accordingly, individual owners should purchase a policy to cover the deductable (which could be between $30-$50,000 per unit) AND each owner should purchase coverage to pay for the fittings and fitures in their own condo (Kitchen cabinets, light fixtures etc).
http://www.earthquakeauthority.com/

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