by Flack » Wed Nov 16, 2011 7:00 am
The big thing on the new right now is Earthquake Insurance. Apparently people are scrambling and begging their insurance companies for it in an area that, before this month, nobody had and nobody wanted.
On the radio this morning they said the going rate here for earthquake insurance is $30 per $100,000 you wish to insure. In the fine print however is a little thing thing known as a $10k deductible. I'm thinking you would really, really have to sustain some serious earthquake damage for that insurance to ever pay off.
Instead of a walk-in pantry in our new kitchen there's a giant set of shelves ... like a cupboard that's 7' tall. It's in the corner, and attached to two walls. All the way around the thing now is a fine crack in the sheet rock. If you're looking for it you can easily spot it. It definitely wasn't there when we bought the place last month. It looks like the "big quake" shifted it just enough to put pressure on the wall. It's nothing a coat of paint won't hide, but it makes you wonder what else shifted ...
The big thing on the new right now is Earthquake Insurance. Apparently people are scrambling and begging their insurance companies for it in an area that, before this month, nobody had and nobody wanted.
On the radio this morning they said the going rate here for earthquake insurance is $30 per $100,000 you wish to insure. In the fine print however is a little thing thing known as a $10k deductible. I'm thinking you would really, really have to sustain some serious earthquake damage for that insurance to ever pay off.
Instead of a walk-in pantry in our new kitchen there's a giant set of shelves ... like a cupboard that's 7' tall. It's in the corner, and attached to two walls. All the way around the thing now is a fine crack in the sheet rock. If you're looking for it you can easily spot it. It definitely wasn't there when we bought the place last month. It looks like the "big quake" shifted it just enough to put pressure on the wall. It's nothing a coat of paint won't hide, but it makes you wonder what else shifted ...