Thursday, August 25, 2005

 

Quake insurance could get cheaper / Schwarzenegger on panel looking at rate reduction -- George Raine, San Francisco Chronicle

Quake insurance could get cheaper / Schwarzenegger on panel looking at rate reduction: "A proposal to reduce earthquake insurance rates in California -- considered prohibitively expensive by many consumers -- will be reviewed today by a panel of the state's most powerful elected officials.

The proposal before the California Earthquake Authority is that the rates be reduced by 22 percent, which would result in hundreds of dollars in savings for individual homeowners."

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