Case Study: Southern California Insurance Coverage Claim Company achieves more favorable earthquake coverage and $120,000 in premium savings with Alera Group

Southern California Insurance Coverage Claim Company - Customer Case Study

Southern California Insurance Coverage Claim Company, a 400-unit condominium association in Southern California, needed earthquake insurance coverage for an $80 million property. They discovered their existing policy included a costly 20% deductible and that only a few carriers would even consider taking on the risk.

Alera Group stepped in with its condo association insurance expertise to explore alternative coverage options and negotiate with carriers, while preserving “bare walls” earthquake coverage. As a result, Alera Group helped the association secure a more favorable policy and preferred carrier, saving $120,000 in premiums since 2014.