Japan’s massive earthquake has created a surge of interest in quake insurance in a place more than 5,000 miles away — California.

Only about 12% of Californians with home insurance have quake coverage. And the percentage of people who buy quake insurance in other states — including those with active faults — is far lower.

Should you buy quake coverage?

There’s no clear answer. The problem is that quake coverage is costly and limited. Experts say that it takes careful analysis to decide whether the expense is worth the potential benefits.

Here is a good article from the LA Times exploring the cost and feasibility: Is quake insurace worth the cost?

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