🚀 go-pugleaf

In article <3111rb$rqp@hsc.usc.edu>, Jon Parro <jparro@hsc.usc.edu> wrote:
>There was a posting here about the crisis in California homeowner's
>insurance with the proximate cause being the Northridge earthquake.
>We've just entered escrow and are wondering how serious the problem
>of obtaining insurance is.  Any comments?


I submitted the original post.  The first person you should check with is 
whoever carries your automobile insurance.  They may be willing to extend 
their exposure and offer you a homeowners insurance policy.

Although I do not sell insurance, I work in the real estate industry.  You're 
agent should be helping you to locate an insurance agent who can assist you 
in your needs.  Another alternative is to see if you lender will underwrite 
your home.  Sometimes they will, but there will be low limits, the cost is 
expensive, and you may not be covered for things such as burglary, personal 
injury, etc.  It primarily covers a percentage of the replacement cost of the 
structure.

One positive way you can overcome this problem is to get out the yellow pages 
and start calling all the agents in your area until you find one who will sel 
you a policy.  If you are a commissioned officer or veteran, you might try 
USAA in San Antonio, TX.

Sorry, this wasn't much help, but right now, nobody (outside the insurance 
industry) really knows what the final outcome will be.

Chris 
-- 
Christopher D. Colvin <cdcolvin@rahul.net>