CEA's Financial Strength

Our Financial Strength

When it comes to Financial Strength, California Earthquake Authority (CEA) is on Solid Ground:

Largest provider of residential earthquake insurance in the U.S.
Provides nearly two-thirds of the residential earthquake insurance policies sold in California.
Annual premium revenue about $900 million.
About $19 billion in claim-paying ability.

CEA is not-for-profit, privately funded

Our assets are available only to pay claims to homeowners and renters who have protected their homes by purchasing a CEA earthquake policy.

CEA is actuarially sound, which means we have been deemed by financial experts to have sufficient funds - about $19 billion - to pay claims from even a devastating earthquake.

By law, only 6 percent of CEA's premium income can be spent on operating expenses.

View CEA Financial Statements

$900M

ANNUAL PREMIUM REVENUE