The Great San Francisco Earthquake1906

San Francisco, California ✤ [April 18, 1906] ✤ Magnitude: 7.8 ✤ Earthquake lasted less than a minute ✤ The city burns for 3 days

1906 San Francisco Earthquake: Aftermath ✤ 3,000 people dead ✤ More than 28,000 buildings destroyed ✤ 250,000 of San Francisco’s residents homeless

1906 San Francisco Earthquake: Aftermath San Francisco in ruins

Total Cost of Earthquake ✤ $300 Million (1906) = $8.2 Billion (2009) ✤ Worst Incident for Insurance Industry ✤ Insurance companies goes bankrupt (Paid $265 million on claims) ✤ New Law: California Standard Form of Fire Insurance Policy

1906 San Francisco Earthquake: Rebirth ✤ Planners created a new and improved city ✤ Rebuilt the city with a more logical and elegant structure ✤ New towns around the San Francisco Bay

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