You may sure be right... besides, if those quakes are as bad as the REAL seismologists predict they will be (eventually), then all the big insurance companies will probably go bankrupt in a matter of days anyway.
It's ironic... just this morning I heard a news report saying that because many Californians had purchased earthquake insurance long before now, and because it had been so dry there, most had not purchased any FLOOD insurance. And this winter, what's California doing? Drowning in flood water, plus mudslides. Ooh... and just wait until all those square-miles of huge snowdrifts throughout the Sierra Mountains start melting!