That I can't answer but... Archived Message
Posted by Riverbender on December 13, 2019, 12:54 pm, in reply to "Re: No that is not what I am saying"
I do see your point. I can not really give any type of educated opinion as I am not a civil engineer, geologist or whatever type of scientist can evaluate these types of situations. I will say though that the whole thing seems to me a multi caused problem and hope the best for those it has and will impact. One thing though I can say however is that I think insurance companies can get pretty picky about paying claims on water damage. The hurricane situation a few years back when insurers took the position that it was flooding that caused damage not the hurricane and, for some reason, flooding was not covered by many homeowner plans. I got a letter from my insurer last year to inform me that I would not be covered by flooding and should I desire coverage I would need an extra cost rider on my plan. The actual cost was only a couple of dollars per month but to me it simply looked like a good way of the insurance companies to deny coverage. So, not being an insurance expert either, I would suggest that everyone contact their agent and get a heads up on water damage coverage. I know I complain a lot about taxes but next on my list is the insurance companies. You can't live without it, or I can't anyway, and every year it seems like coverage is being limited while the premiums go up.
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