That house is going to be in the same place for a lot longer than my car is
going to be. And outside of a covered damage destruction odds are it will be
there when (NOT IF) an earthquake or flood happens.

With a house in a "danger area" the insurance isn't betting that nothing
will happen to it ever they are betting that it will be some X amount of
time before it happens. As opposed to my homeowners insurance who is betting
that it won't burn down because most houses historicly haven't burned down.

I don't live in an earthquake area or a flood plain and I'm very happy that
I don't have to pay into the pool like those that do. All you have to do to
get out of a "danger area" is move and you won't have to pay for those
coverages.


"W P Dixon" wrote in message
...
Absolutely agree with you, except homeowners insurance should be exactly
that..no more no less. You should not need any other type of rip off
insurance to cover your home. One policy, one coverage..anything happens
to your home it's covered period! But NOOOOOOO we can't do that because
the insurance company whose sole purpose is to cover "accidents" and
"mishaps of nature" think there is supposed to be no risk involved . The
only reason we get insurance is to cover the "chance" of something
happening,...well and because our government makes us get it( cars
especially), which in turn lets the insurance vultures set whatever rate
they wish. Think about it, have you ever seen a full-coverage car
insurance policy that did not pay for a cars water damage, or being
destroyed by a tornado, earthquake ? Why should the homeowner's policy be
any different?

Patrick

"Gig 601XL Builder" wr.giacona@coxDOTnet wrote in message
news:C9yBe.40269$DC2.25482@okepread01...

"W P Dixon" wrote in message
...

Homeowner's insurance that is supposed to cover your home,..but WAIT you
must have earthquake insurance and flood insurance extra!!!! Nothing but
price gouging, IMHO. If the insurance is just we pick and chose what we
cover, then is it really insurance,...or just flushing money down the
big huge toilet!!! Sometimes I wonder.


Eathquake and Flood are different beasts than the other things
homeowner's policies cover. If you live in the 100 year flood plain or in
an earthquake fault area it's not an issue of if those things are going
to happen it is a matter of when.