Quote:
Originally Posted by supafamous
Q for the detached homeowners here - what kind of earthquake insurance do you have on your house? My policy is up for renewal and I've got $1m of coverage with a $100k deductible. I'm assuming that $1m is roughly how much it'd cost to replace our house if it ever came to that - is that a reasonable amount of coverage?
|
The worst part of the insurance is when there is a big enough earthquake there will be so much damage all of the insurance companies will go bankrupt and your insurance might not be covered. Fire and flood insurance is the most important thing in my eyes.