[WannaliveinGreenville]

Originally Posted by MadManofBethesda

Well, that was interesting. Especially this statement from the UNLV site:

Las Vegas is at high risk for casualties and structural damage from a large magnitude earthquake, due to increased population density.

I knew that we were in an earthquake zone, but I didn't realize that we were at high risk for structural damage. It may be time to check-out earthquake insurance.

Thank you. I agree you should get an insurance quote

[Scott456]

earthquake insurance in earthquake zone are expensive, and with high deductibles.

[Daveydoe]

Next up: Is Vegas Hot in the Summer?

(Sorry, I don't have time to google this so I thought I'd just log in, find this forum, post the question and then check back regularly for responses)

[Scott456]

Originally Posted by tortoise

There is this internet search thing called Google.

I prefer interacting with my fellow Vegans on this board. What do you say?

[Robustus]

Originally Posted by Scott456

earthquake insurance in earthquake zone are expensive, and with high deductibles.

My 2000sqft house in 89143 would be $293/yr for what looked like excessive coverage (2x replacement value of the home, plus displacement expenses, etc, etc). Granted this was just a quick online quote, but I entered my address and it brought up details on my house, so it was calculating on accurate info.

Not sure if ~$300/yr is expensive or not, but it seems somewhat reasonable. Question is, do I want to pay $3000 every 10yrs for "piece of mind"?

Insurance (and warrantys) are always bad monetary deals for the buyer, but in cases where the event against which you're insuring would bankrupt you (or kill you - ie, cancer with no health coverage) without insurance, it makes sense.

[olecapt]

Originally Posted by MadManofBethesda

Well, that was interesting. Especially this statement from the UNLV site:

Las Vegas is at high risk for casualties and structural damage from a large magnitude earthquake, due to increased population density.

I knew that we were in an earthquake zone, but I didn't realize that we were at high risk for structural damage. It may be time to check-out earthquake insurance.

Be careful...While it is true you need to know something else. What is the probability of a large magnitude earthquake.

Specifically, the probability of a magnitude 6.0
earthquake occurring within 50 km (~31 miles) of Wells, Nevada within 50 years
is approximately 9%, but the probability of the same magnitude earthquake
occurring within 50 km of many other Nevada communities is considerably
higher: 12% for Las Vegas, 67% for Reno, and 70% for Carson City.

Wells earthquake lessons learned.

Then you need the probablility of damage to a frame stucco building which exceeds the deductible. Having been within 50 km of several 6 + quakes I would judge the probabiliity someplace like 1 in 1000. There may well be lots of damage... but it is virtually all minor.

The strapping requirements on water heaters is one response. That has proven to be a big problem in other earthquakes.

[ragabnh]

Las Vegas is in zone 2 which is considered low seismic activity, Bay Area is Zone 4 and REno is zone 3.

We should not experience structural damage if an earthquake hit unless the building is in very bad shape.

[MadManofBethesda]

Originally Posted by Scott456

earthquake insurance in earthquake zone are expensive, and with high deductibles.

I guess it depends on what you consider expensive. I just called my State Farm agent and learned that adding an earthquake rider for my $400k house would add $329/yr. to my homeowners policy and also found out that my current $1,000 deductible would apply. I'm going to go by the agent's office and read through the rider myself to see if there are any surprises before deciding whether to purchase this. But absent anything strange in there, I think that I'm going to add it.

[MadManofBethesda]

Originally Posted by olecapt

Be careful...While it is true you need to know something else. What is the probability of a large magnitude earthquake.

That quote you posted is different than what I found. I looked at a site that stated that according to USGC, Las Vegas has a 35.51% chance of a major earthquake within 50km, not 12%.

Edit: I found the state report dated 2002 that shows the 12% probability. I'll have to research further to see where the 35.5% came from.

[Scott456]

Originally Posted by Daveydoe

Next up: Is Vegas Hot in the Summer?

(Sorry, I don't have time to google this so I thought I'd just log in, find this forum, post the question and then check back regularly for responses)

yep... some people have a lot of free time to do the leg work.