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CA Department of Insurance

Errata

Please note the following revisions were made:

Executive Summary

  1. Introduction - second paragraph, line seven (7) changed from 71% to 72%
  2. Trends - second paragraph, line one (1) changed from 10% to 7.5%

Number of Residential and Earthquake Policies In-Force - Exhibit C

  1. Total Residential Policies In-Force for 2000 changed from 8,324,975 to 8,164,975
  2. First paragraph, line four (4) changed from 15.4% to 15.7%

Total Number of Residential Policies In-Force by Coverage Type - Exhibit E

  1. Mobilehome changed from 492,103 to 332,103 for 2000
  2. % EQ for mobilehome changed from 15% to 22%
  3. First paragraph, line two (2) added "…and Mobilehome…" after Dwelling Fire

Summary of 2000 - Residential Market Totals

  1. No. of Policies, Total Non-CEA changed from 2,419,065 to 2,259,065 and the Market Share changed accordingly from 29.06% to 27.67%
  2. Total CEA Companies, Market Share changed from 70.94% to 72.33%
  3. % with EQ, Total Non-CEA changed from 18.34% to 19.64%
  4. No. of Policies, Total Residential Market (including CEA) changed from 8,324,975 to 8,164,975 and as a result % with EQ changed from 15.40% to 15.71%
  5. No. of Policies, Total Mobilehome Market changed from 492,103 to 332,103 and the Market Share changed accordingly from 5.91% to 4.07%
  6. Consequently, Market Share for Total Homeowners Market, Total Rental Market, Total Condominium Market, and Total Dwelling Fire Market changed from 68.91%, 6.77%, 5.78% and 12.63% to 70.26%, 6.90%, 5.89%, and 12.88% respectively
  7. % with EQ, Total Mobilehome Market changed from 14.90% to 22.08%
  8. No. of Policies, Total Residential Market (including CEA) changed from 8,324,975 to 8,164,975 and as a result % with EQ changed from 15.40% to 15.71%

Chart - Number of Residential Policies In-Force - Exhibit C

  1. Experience year 2000 changed from 8,324,975 to 8,164,975 for No. of Residential Policies

Chart - Total Number of Residential Policies In-Force and Percentage Having Earthquake Coverage - Exhibit E

  1. Experience year 2000, Mobilehome changed from 492,103 and 15% to 332,103 and 22% respectively
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