# HOAs Pay More for Less Coverage

> L.A. HOAs face higher premiums as earthquake insurance deductibles surge to 25% of building value.
- Title: HOAs Pay More for Less Coverage · Los Angeles Business Journal
- Summary: L.A. HOAs face higher premiums as earthquake insurance deductibles surge to 25% of building value. L.A. homeowners associations pay more for less earthquake…
- Keywords: earthquake insurance, hoa, deductible, l.a, coverwatch, assembly hoa, earthquake deductible, premium, business, local, HOAs, Pay
- Source: Los Angeles Business Journal — https://labusinessjournal.com/real-estate/hoas-pay-more-for-less-coverage
- Author: staff-author
- Published: 2026-10-12T19:34:09+00:00
- Read time: 1 min
- Topics: earthquake insurance, hoa, deductible, l.a, coverwatch, assembly hoa, earthquake deductible, premium, business, local
## Earthquake insurance deductibles rise
Earthquake deductibles on L.A. HOA policies surged to 25% of building value between 2024 and 2026.

> Associations are paying more for insurance that covers less
## Deductible increases accelerate
More than half of earthquake deductibles on policies issued between 2024 and 2026 sit at more than 25% of building value.
## Insurance companies pull back
Insurance companies are pulling back from risk they once absorbed themselves.
## Higher premiums for HOAs
One association’s annual premium rose from $6,637 in 2019 to $21,599 by 2026.
## New exclusions added
38 instances in which a renewing policy came back with a newly added exclusion.
## Earthquake coverage shrinks
Earthquake deductibles rose from 10% of building value in 2016 to 25% by 2025.
## Key takeaway

L.A. homeowners associations pay more for less earthquake insurance coverage as deductibles rise to 25% of building value.