Quote:
Originally Posted by rumatt
Has anyone ever considered earthquake and flood insurance, for those not in a risk zone?
I imagine the chance of my house being destroyed by an earthquake is zero... but WTF would I do if it were to happen? Pay the mortgage for the next 25 years on a house that doesn't exist?
Isn't this what insurance is supposed to be for? To protect me from rare, crippling events?
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I considered it when we lived in Monroe Wa. We were about 10 miles inland, but very close to sea level. Living in between Mt Baker and Mt Raineir there was always the remote possibility of earthquakes/volcanoes? / tsunami's. Heck, as the crow fly's, we were fairly close to the Oso mudslide. (not as close as Kevin, but shit does happen on "the ring of fire")
I don't remember the exact figure, but State Farm's quote was ridiculously high for disaster coverage.