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San Andreas Fault could Bankrupt California
$289 billion.[SGVTribune] A newly released analysis reveals that a major earthquake along the San Andreas fault could damage twice as many homes as previously thought.  The global property information and analytics firm based its data on revised earthquake risk science from the U.S. Geological Survey's Uniform California Earthquake Rupture Forecast. The forecast concludes that a large temblor could occur simultaneously in both Northern and Southern California.Better secede from the Union now, before we hafta cut you loose. The San Andreas fault has traditionally been viewed as two independent segments with earthquake ruptures on the northern and southern faults that were deemed mutually exclusive of one another. Bolton acknowledged that an 8.3 magnitude quake running the entire length of the San Andreas Fault would be rare. "It would be pretty far out there," she said. "And the only way we could determine where we sit on the cycle is to know a lot about past earthquake occurrences. We would need to have a record for a good many years of how frequently they happened." Nah, you don't need steekin' records! Talk to the climate guys; they can develop historical records for you! Bolton said families should have earthquake kits at the ready and also have earthquake insurance. Many don't have insurance because the deductibles tend to be high. A spokesman for the California Earthquake Authority, which provides about 75 percent of the earthquake policies that are sold in the state through participating insurance carriers, said only 10 percent of California homeowners earthquake insurance. "In areas with a higher risk, the percentage is higher than the statewide average for obvious reasons," he said earlier this year. "In the greater Los Angeles area it's 15 to 17 percent, and in San Diego it's 20 percent." Looks like a lot of (D) voters will depend on Uncle Sugar to bail them out. Posted by: Bobby 2016-11-28 |
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