Dwelling Fire Earthquake Written Premium & Policy Distribution - Exhibit G & Exhibit H
Exhibit G and H illustrate an example of the standard Dwelling Fire Market and the California FAIR Plan. Both Exhibits show a major decrease in both Premium and number of policies in-force. This could be due to the fact that more companies are again writing homeowner property coverage in California since the creation of the California Earthquake Authority (CEA) in 1996.
Exhibit G Chart (PDF version)
Exhibit G - Written Premium
Year | Earthquake Premium Dwelling Fire Market Share California FAIR Plan |
Earthquake Premium Dwelling Fire Market Share Excluding California FAIR Plan |
1996 | $34,786,000 | $47,285,265 |
1997 | $17,667,473 | $25,104,409 |
1998 | $12,570,812 | $28,575,380 |
1999 | $10,498,341 | $29,971,358 |
2000 | $ 7,866,996 | $21,416,037 |
Exhibit H Chart (PDF version)
Exhibit H - Policy
Year | Earthquake Policy Count Dwelling Fire Market Share California FAIR Plan |
Earthquake Policy Count Dwelling Fire Market Share Excluding California FAIR Plan |
1996 | 64,192 | 164,479 |
1997 | 34,194 | 072,734 |
1998 | 17,191 | 070,072 |
1999 | 14,527 | 070,713 |
2000 | 10,213 | 047,012 |
Summary Tables