Report: San Bernardino has most expensive earthquake insurance

   Homes in San Bernardino have the most expensive annual premium for earthquake insurance under California Earthquake Authority insurers, according to a CEA report recently released in anticipation of The Great Southern California ShakeOut happening on Nov. 13.

   A 1996 one-story, wood-frame home's annual premium, factoring in certain assumptions, would cost $1,040 in San Bernardino, $910 in Chino, $648 in Chino Hills and $648 in Riverside.

   A 1976 one-story, wood-frame home's annual premium, factoring in certain assumptions, would cost $1,663 in San Bernardino, $1,453 in Chino, $1,036 in Chino Hills and $1,036 in Riverside.

   The CEA is a publicly-managed, largely privately-funded organization that provides residential earthquake insurance through private insurers.  The authority has about 770,000 policies in force, representing about 70 percent of residential earthquake insurance policies in California.