California earthquake insurance?
On Sat, 26 May 2012 07:29:43 -0700, Frank J Warner
wrote:
The premium jumps to a whopping $631.00, and the deductible jumps to a
whopping $57,000 for a $380,000 home.
From what I've read, the premium and the deductible is so high because
CEA is required by law to have sufficient funds to cover losses in a
"500-year event."
What do you think?
Frank
Put the money in the bank and in 500 years, you'll have saved enough
to cover the event.
I'd move to Nevada. Or Nebraska.
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