Funds for Seismic Retrofit Available

California residents and business-owners already know that they’re in earthquake country—but even they may not realize exactly what that means.

The Golden State carries two-thirds of the nation’s earthquake risk. It has the most earthquakes of any state—a mind-boggling 37,000 every year. And there’s a 99 percent chance that California will experience an earthquake of magnitude 6.7 or greater in the next 30 years.

A seismic retrofit can go a long way toward protecting a home from damage in the event of an earthquake—and the state of California is offering financial assistance to homeowners in some area codes to help them give their homes a seismic retrofit.

Help for Homeowners Doing a Seismic Retrofit

Assemblymember Adrin Nazarian (D-Sherman Oaks) secured $3 million in the 2015-2016 state budget to expand the Brace + Bolt program to more homeowners in earthquake-prone areas across California. Starting in January, homeowners can apply for up to $3,000 to give their homes a seismic retrofit.

Eligible applicants must live in one of the target zipcodes. The funds may be used to add anchor bolts and sill plates in the house’s crawl space to prevent the house from sliding; strengthen the cripple walls in the crawl space to help prevent the house from toppling off its foundation; and strap the water heater in place. Most homes that have a cripple wall (a short, wood-framed wall in the crawl space) were built before 1979.

To learn more about the program and find out if you’re eligible to apply, click here. If you have questions about earthquake insurance, just give us a call. Remember, most homeowners insurance policies do not cover damage due to earthquake—so earthquake prevention and protection is the key to security.

For more than 35 years, Insurance Partners, Inc., has been providing quality protection for individuals, families, and businesses, helping people make sense of their insurance needs so they can look forward to a brighter, more secure future. If you have questions about your insurance coverage, contact us.


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