For around twenty years, attempts have been made to create nationwide earthquake insurance in Switzerland. However, so far, the political endeavours have all failed. Current discussions centre around a new model, that of contingent liability. The law would oblige property owners, in the event of an earthquake causing damage, to contribute a certain percentage of the insured value of their building as a single premium into a common pool, which would be used to finance damage. The outcome of this political debate is still awaited. Regardless of this, Helvetia recommends that people look into the matter of earthquake risk and, depending on their circumstances, to take out insurance – irrespective of the political situation and its development.