My area has 2 big Mother Nature related risks, fire and earthquakes.

Maybe they are adding in Earthquakes that would change things a lot..

CA  the war and the Earthquake and the market being very poor in N Ca as a result.

Any delay or failure in the performance by Landlord hereunder shall be excused if and to the extent caused by the occurrence of any event that is beyond Landlord's control, such as fires/ floods, earthquakes, wars, sabotage, terrorism, vandalism, governmental acts, injunctions, or labor strikes, acts of God and any other occurrences that are unavoidable or unpreventable despite reasonable efforts to prevent, avoid, delay, or mitigate the effects thereof."

The repair for foundation and earthquake retrofit comes to $97,000.

If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).

You can’t predict wildfires or earthquakes either, right?

I would not try this in CA, where they are strict about building codes and have issues that other location don't (earthquakes, in particular.) 

., including floods, earthquakes, and severe storms.USDA Wildfire Risk to Communities – Offers detailed insights into wildfire risks for homes in specific regions, particularly useful for properties near forests or dry areas.Risk Factor – Analyzes flood, fire, and other climate-related threats for individual properties, giving you a risk score.Climate Check – Delivers property-specific climate risk ratings, covering heat, drought, fire, and floods.Do you consider environmental factors like flood and heat when investing?

The repair for foundation and earthquake retrofit comes to $97,000.