what's your earthquake strategy?

[Eli Altman]

Hi, 

I'm a buy & hold investor in California (surprise given the subject, i know) and I'm curious about other investors earthquake strategies:

• Do you just pray for the best and plan to take a take write-off if you're wiped out?
• Do you only buy in areas that are likely to be spared the worst of an earthquake?
• Do you do certain upgrades to your properties? (bolting/strapping/gas shut-off...)
• Do you get earthquake insurance once you pay off a certain % of the loan or reach a certain cash flow threshold?
• Do you have a preference for single story buildings?
• Do you have another strategy entirely?

I know that risk is part of the game here. I would just like to know how other people approach an "it's not if, but when" scenario.

Thanks!