Homeowners decline earthquake insurance.(California)

A decade after California's Northridge earthquake caused more than $15 billion in insured losses, less than 15 percent of the state's homeowners carry earthquake insurance, according to the Insurance Information Network of California.

"Living in California without earthquake insurance is like going to the beach without sunscreen: you're completely exposed and you could get burned," said Candysse Miller, executive director of IINC.

In addition, the network found that homeowners who decide to forego earthquake insurance fail to take measures to reduce their po