earthquake source—the primary sources of uncertainty in the loss estimation process.

In summary, improved seismic monitoring will increase the volume and quality of data available for use in loss estimation models, thereby reducing the uncertainty currently associated with such models. As a consequence, the output of loss estimation models will be more accurate and more acceptable to interested parties (including agency staff, industry managers, homeowners, etc.); be more usable for emergency planning and regulatory purposes; result in better building design, mitigation, and zoning; and result in increases in the amount of pre-event financing and pooling of the earthquake hazard, thereby reducing economic volatility and the crisis nature of post-event recovery.

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