dpbillsfan Posted August 30, 2006 Posted August 30, 2006 Got a letter from Allstate a couple months ago that they were going to drop earthquake insurance from my policy. I live about 250 miles from the New Madrid fault in Southern Missouri so I figure ya know thats pretty close and I bought a $190,000 new all brick home 2 years ago and I might need it. Anyways my homeowners policy is $600 a year and a lady from Allstate called me this morning saying they would write me a seperate policy just for earthquake coverage for $480 a year. I just about fell out of my chair. I think its time to start shopping for new insurance. She was making comparisons to Katrina and how this was a wakeup call to insurance companies and bla bla bla.
IDBillzFan Posted August 30, 2006 Posted August 30, 2006 Earthquake insurance is one of those things that never made sense to me, even though I stand to take a hit where I live. I don't have the details, but essentially the coverage was for $50,000 or some such number, and the deductable was $49,000, so they'd cover $1,000. Yeah, I'm embellishing, but the amount you'd receive is so small, that even my State Farm agent thought I should take a pass.
Fan in San Diego Posted August 30, 2006 Posted August 30, 2006 Yes I have an earthquake policy. It will replace my house, rebuilding cost around 400,000 and I pay about $800 for the year. So your quote sounds a little high for $190,000 replacement cost
taterhill Posted August 30, 2006 Posted August 30, 2006 send me $350..if your house falls down from an earthquake, I will come rebuild it...
Talonz Posted August 30, 2006 Posted August 30, 2006 Noodsfsdofdsfsdfsdjfkdsfsd! 756300[/snapback] Took me a minute, but I get it
IDBillzFan Posted August 30, 2006 Posted August 30, 2006 Yes I have an earthquake policy. It will replace my house, rebuilding cost around 400,000 and I pay about $800 for the year.756350[/snapback] What's your deductable?
RayFinkle Posted August 30, 2006 Posted August 30, 2006 send me $350..if your house falls down from an earthquake, I will come rebuild it... 756364[/snapback]
MadBuffaloDisease Posted August 30, 2006 Posted August 30, 2006 What's your deductable? His first earthquake.
MadBuffaloDisease Posted August 30, 2006 Posted August 30, 2006 Took me a minute, but I get it Phew! Glad somebody did.
IDBillzFan Posted August 30, 2006 Posted August 30, 2006 Phew! Glad somebody did. 756392[/snapback] I thought it was another RJOSEPH post.
MadBuffaloDisease Posted August 30, 2006 Posted August 30, 2006 I thought it was another RJOSEPH post. It's okay to admit you didn't get it.
Fan in San Diego Posted August 31, 2006 Posted August 31, 2006 What's your deductable? 756387[/snapback] Not sure, but does it matter ?
IDBillzFan Posted August 31, 2006 Posted August 31, 2006 Not sure, but does it matter ? 756991[/snapback] It may not as long as you have no problem with a $100,000 dedcuctable. Seriously, I'd be curious what it is because generally, for earthquake insurance, the deductable is pretty freaking high.
Draconator Posted August 31, 2006 Posted August 31, 2006 We have earthquake insurance. 20 gallons of water, bunch of canned food, tents/sleeping bags, propane for cooking, and about $5000 in cash, all stored away in the same place.
RayFinkle Posted August 31, 2006 Posted August 31, 2006 We have earthquake insurance. 20 gallons of water, bunch of canned food, tents/sleeping bags, propane for cooking, and about $5000 in cash, all stored away in the same place. 757201[/snapback] Left overs from your Y2K party?
IDBillzFan Posted August 31, 2006 Posted August 31, 2006 Left overs from your Y2K party? 757351[/snapback] Let's hope not. Be a shame to leave five grand in the basement for the past six-and-a-half years. Surely he could have earned some interest on that.
stuckincincy Posted August 31, 2006 Posted August 31, 2006 We have earthquake insurance. 20 gallons of water, bunch of canned food, tents/sleeping bags, propane for cooking, and about $5000 in cash, all stored away in the same place. 757201[/snapback] No firearms?
inkman Posted August 31, 2006 Posted August 31, 2006 I'm thinking of getting asteroid insurance 757022[/snapback] I'm thinking about it. I've been dropping some nasty ass bombs around here.
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