Note: This doesn't account for earthquake or flood insurance.

How do you CA guys factor in the potential for earthquakes?  

For instance, in Oklahoma there are tornadoes, in California we have earthquakes, in the western states, there are wildland fires, etc.

An earthquake would do it though.

As long as the fat cats in Hollywood are still in control, Cali isn't going anywhere.Unless a major earthquake sinks the state than it's going somewhere :)

As far as I'm concerned, Cali can break off in an earth quake and float out in the Pacific, to collerate Cali to the rest of the nation is just silly.

do you guys buy earthquake insurance for your bay area properties?

Prices on waterfront properties are generally lower - though European and U.S.A. buyers have been driving them up these past years - and, at the moment, you get a 23 - 25% bonus on the currency exchange.Now, we don't have California's year-round weather, but we also don't have the prices, crime or earthquakes ;-)

Again, having been personally involved with disasters ranging from tornadoes, fires, floods, earthquakes and hurricanes for over half of my life my wife and I never go on any long road trips without taking a reasonable amount of water, food, warm clothing, sleeping bags, road flares, a first aid kit and other items of self protection.

Earthquakes(due to fracking), tornadoes, wild fires(due to droughts) , and hurricanes(due to warmer oceans) are not.