Center won’t have earthquake insurance

Center won’t have
earthquake insurance
Earthquake insurance rates are forcing cities to cut corners.
Agoura Hills can’t afford coverage on the Agoura Hills/Calabasas Community Center because of a 41 percent jump.
The annual insurance premium on the 30,000 square-foot building would be $28,191, up from $19,937 for last year. The deductible is a whooping $250,000.
"We carry such coverage on our city facilities mainly because they are considered to be essential buildi...

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