Sorry, your browser is not compatible with this website.

This website uses technology supported by Internet Explorer 9.0 or higher, Chrome, Safari, and Safari mobile. Open with the latest versions of our supported browsers below.

What browser do I have?

We Provide Earthquake Insurance for Californians

Rates & Premiums

CEA is focused on offering customers the best rates

  • CEA rates are based on science, not profit. We use the best science available to determine competitive earthquake insurance rates.
  • We are not-for-profit, publicly managed, and privately funded. Our Governing Board of elected state officials ensures our rates are as low as possible while remaining fiscally sound.

Frequently asked questions about rates and premiums

Q: How much does a CEA policy cost?

A: The minimum annual premium for CEA condominium policies is $35. Different factors determine your policyholder's premium, such as:

  • The earthquake risk where they live.
  • The market value of their insured condo.
  • The policy coverages and deductibles they choose.

Use our Premium Calculator to get a policy estimate for your customer.

Q: How does CEA’s deductible work?

A: Policyholders do not have to write a check to the CEA before they get payment on a claim. The deductible is subtracted from the covered damage, and we pay the policyholder the difference. The deductible does not have to be paid up front before we pay a policyholder's claim. Remember, all claim payments are handled through your insurance company's adjuster.

Q: Is CEA financially sound?

A: Yes. CEA has a claim-paying capacity of more than $13 billion. Plus:

  • CEA is financially sound, with an A- (Excellent) rating from A.M. Best Co.
  • CEA is privately funded. We don't receive any money from the state, so state budgets and budget deficits have no impact on our ability to pay claims.

Does your client have a CEA earthquake Condo policy with a start date in 2015? Learn more about their policy.