Shotgun 1 #1 December 5, 2005 This question is obviously for those of you who live in an area that has a lot of earthquakes... I've been trying to decide if it's worth adding to our insurance policy... I had decided not to, but we had a little earthquake yesterday... It was only a 3.4, but the epicenter was only a few miles from our house, so that's making me reconsider... (Of course, the first thing I thought when I felt it was, "Please don't let this be a big one, because I didn't get the freakin' earthquake insurance!") Quote Share this post Link to post Share on other sites
GravityGirl 0 #2 December 5, 2005 Yes. I live on delta land in Nor Cal. ~~~~~~~~~~~~~~~~~ Peace and Blue Skies! Bonnie ==>Gravity Gear! Quote Share this post Link to post Share on other sites
lawrocket 3 #3 December 5, 2005 I don't. here in Fresno, we are pretty far away from what most of the big shaking would be. This place isn't high on the seismic hazard warnings. Earthquake insurance, however, DOES have a rather large deductible. In the event that your house is merely damaged, it won't do you much good. It is only useful in the event of destruction of your house, and you'll still have to find a way to get up to 25% of the policy for a deductible. My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
Shotgun 1 #4 December 5, 2005 Yeah, that was my biggest concern about it - the deductible is so high that the house would need to be nearly destroyed to make it worthwhile, and that's not all that likely out here . (And that earthquake so close to us yesterday made me wonder if I'm wrong about that.) Also, I heard stories of people in Hurricane Katrina who had flood insurance that didn't do anything for them, so I'm curious how good these natural disaster-type insurance policies really are??? Quote Share this post Link to post Share on other sites
lawrocket 3 #5 December 5, 2005 QuoteI'm curious how good these natural disaster-type insurance policies really are??? Flood insurance is administered by the Federal government exclusively, so how good do you think it will be? Also, flood insurance is, i believe, limited to $250k. If you HAVE flood insurance. My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
BillyVance 35 #6 December 5, 2005 Quote Also, I heard stories of people in Hurricane Katrina who had flood insurance that didn't do anything for them, so I'm curious how good these natural disaster-type insurance policies really are??? Not much good I don't think... Apparently the big stink going on down there is that the flood insurance companies are saying the damage was done by wind, and the home owners insurance companies are saying the same damage was done by flood... like a damn merry-go-round... "Mediocre people don't like high achievers, and high achievers don't like mediocre people." - SIX TIME National Champion coach Nick Saban Quote Share this post Link to post Share on other sites
Keith 0 #7 December 5, 2005 I did when living in my apartment, but haven't purchased it for the house. You might have a difficult time getting insurance now that you had a little earthquake.Keith Don't Fuck with me Keith - J. Mandeville Quote Share this post Link to post Share on other sites
billvon 3,154 #8 December 5, 2005 >It was only a 3.4, but the epicenter was only a few miles from our house . . . Yeah, I felt that one. Everyone in Square 1 said "Hey, earthquake! Cool!" A few out of towners said "No way! That was an . . . earthquake? It felt like a really big truck going over a bridge or something." Quote Share this post Link to post Share on other sites
