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Those who have been following the topic, may be interested in this upcoming ZOOM meeting by California CalTech seismologist Dr. Lucy Jones. Lucile M. Jones is a seismologist and public voice for earthquake science and earthquake safety in California. One of the foremost and trusted public authorities on earthquakes, Jones is viewed by many in Southern California as the "seismologist-next-door," who is frequently called up on to provide information on recent earthquakes. ▶ LINK

 TGMA (our HOA board) has enrolled in the MOTUS EARTHQUAKE INSURANCE PROGRAM. This voluntary program gives the opportunity to OPT-IN to a new type of earthquake insurance (EQI) for condo owners.  Again, the program is not mandatory. Look for details coming via an e-mail blast. ▶ Go to https://app.motusins.com and use the code “TGV883” ▶ SEE EMAIL FOR INSTRUCTIONS

The TGMA Board unanimously (5-0 vote) approves a $1,250 annual expenditure that allows the rollout of Cobblestone community webinars by MOTUS Insurance, Inc., to educate condo (only) homeowners about the voluntary (opt-in or out) offerings for earthquake insurance. Webinar (online) meetings are coming to explain this program, which is entirely voluntary and will not raise HOA fees.  By the way, at the same meeting, the TGMA Board also approved the 2021-22 budget with no dues increases. ▶ Most of the “Frequently Asked Questions” about MOTUS are answered on their website at this page ▶ FAQ   ▶ SEARCH this topic and related issues at ▶  

Next to happen regarding an official action to allow Cobblestone homeowners to participate in upcoming webinars (online meetings) to learn about the MOTUS Insurance earthquake coverage options is consideration by the TGMA Board to accept the motion of the Cobblestone Canyon Disaster Recovery Committee. This happens on Feb. 2, per the agenda above.

  Some Questions   Is it true: Only one CA EQI product treats HOAs as commercial entities? Will other companies follow this lead? What is the advantage of this for HOAs? What about the MOTUS EQI offerings? ▶ After seeing the trouble that California condo associations and owners faced, Motus Insurance Services brought together a team of the state’s most respected earthquake insurers and condo insurance specialists to create the Motus Opt-in Master Earthquake Program. This new direct-to-consumer earthquake insurance program allows all condo owners to fully protect their homes from earthquake damage while taking advantage of the same great rates available for master earthquake insurance policies. Motus is able to bring this solution to consumers because it worked with the California Department of Insurance to remove the barriers that prevented individual owners from buying into the same insurance coverage available to homeowners’ associations, which offers far more comprehe...