Earthquake Insurance in Bay Area

[Ratesh D.]

Hi All,

Are you taking out earthquake insurance on your investments in the Bay Area whether for SFH or Multi? I know a lot of folks who see this as a waste of money or a unlikely event, but give the huge financial investment required to own property in this area how do you think about your downside protection for an event that could set you back years? Is it better to invest in new properties that have a better chance of withstanding a quake?

Thanks.