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After tsunami, earthquake coverage not a priority for some CaliforniansPosted On Tue, March 15, 2011
Despite many California coastal residents being adversely affected by the Japanese tsunami that was spawned after a 9.0-magnitude earthquake, many Lodi homeowners are not planning on purchasing earthquake coverage for their home insurance policy.
Speaking to the Lodi News-Sentinel, Mike Cockrell, assistant coordinator for San Joaquin County Office of Emergency Services said residents are largely insulated from quake-related damage.
"For the county, the main risk for earthquakes is from Tracy [County] and to the west," Cockrell told the paper. "Floods are the bigger risk."
Still, industry experts told the paper that the county's residents aren't lining up to buy additional coverage because of the new levee that was built and because major fault lines are some distance from the Lodi area.
A Lodi historian, Ralph Lea, tells the paper the last major flooding event in the city was in the 1950s.
The last significant earthquake to hit California was in 1994, which measured 6.7 in magnitude and killed approximately 60 people. Engineers and architects interviewed by Reuters believe the next one will probably be within 30 years and that the damage it causes will likely be significant.
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