🚀 go-pugleaf

In article <1991Dec31.235319.16673@PA.dec.com> klee@wsl.dec.com writes:
>In case you already haven't heard, CA state homeowner's earthquake
>insurance goes into effect January 1.  It covers $15K of structural
>damage, no personal property loss.  This is intended to cover the
>deductable of your regular earthquake insurance.  Note that with a 5%
>deductable, and often with a 10% deductable, many people will have
>overlapping coverage.  You can probably save yourself $20 to $100 by
>increasing the deductable of your regular earthquake insurance.
>


I dont want ridiculously expensive earthquake insurance ($400/ year?) OR this 
state-mandated deductible coverage ($60 a year).  I reinforced my frame house
with a couple hundred bucks worth of sheer-wall lumber and 
foundation tie-straps instead.  If people took the money they spent on
insurance, they could bring their houses up to code and beyond.

I complained to my insurance company (20th Century) and they told
me that if I didnt pay, that it would have no effect on my general
homeowner's policy, that it was strictly between me and the State of CA.
I dont mind paying $200 a year to protect against fire and to have
$300,000 liability coverage.  (8-)

But I dont *need* earthquake insurance, thanks.

So, another option for saving your money is just dont pay it.
                                            ~~~~  ~~  ~~~  ~

--Al Date
Std disclaimers