On Thu, 7 May 2009 08:12:34 -0700, "Dimitri" >
wrote:

>
>"Andy" > wrote in message ...
>> Ron said...
>>
>>> On Wed, 06 May 2009 14:07:31 -0500, Andy > wrote:
>>>>Now you want to hear stupid?!? My good friend just bought his first home,
>>>>15 miles from the San Andreas fault and had every excuse under the sun
>> why
>>>>he didn't need earthquake insurance! For the same price he felt he was
>>>>better off with a new 60" plasma TV. That's stupid! [rolling eyes/shaking
>>>>head]
>>>>
>>>>Best,
>>>>
>>>>Andy
>>>
>>> If he just now bought his home, earthquake insurance is a toss-up. The
>>> premiums are high, the deductible is WAY high and coverage for
>>> anything other than the house structure is pretty much non existent. I
>>> had earthquake insurance up to the '94 earthquake which just about
>>> broke my insurance company. They argued every charge and nit-picked
>>> every expense and in general screwed us out of every penny they could.
>>> When it came time to renew the new policy looked nothing like the old.
>>> So I didn't renew. It would be cheaper for me to move out of
>>> California than try to collect on the new earthquake insurance
>>> policies.
>>>
>>> Ron Kelley
>>
>>
>> Ron Kelley,
>>
>> In CA earthquake insurance IS premium coverage with high deductibles. And
>> true, inscos can be BUMS!!! when it comes to claims. "We're not in the
>> business of losing money," as the saying goes!
>>
>> When I moved to PA from CA, I maintained my earthquake insurance but here
>> it was $75/annual with a $25,000 deductible. I could live with that UNTIL,
>> one year (after 15 years in residence) they sneaked in a exception clause
>> that declared they wouldn't cover any masonry damage. Well, that's more
>> than half my house (inside and out), including cinderblock, fieldstone,
>> slate, "used brick" and ceramic bathroom tile. They obviously got wind of
>> the brittleness of "brick and mortar" during earthquakes. I canceled my
>> earthquake insurance that instant. The BUMS!!!!!!
>>
>> Andy
>> --
>> "You're in good hands with Allstate ...Oops!"
>
>You got the wrong agent!
>
>We carried a 5% deductable with Farmers for years. After the 94 Northridge
>quake they virtually rebuilt our place no questions asked.It got the point I
>just let my contractor talk with the adjuster step by step.
>
>Dimitri

Ahh, I see. You were one of the lucky ones. I was with 20th Century
(now 21st Century), had been for years without a claim. All it took
was one big earthquake. There were several lawsutis against 20th
Century back then and I belive some settlement was made. We were not
part of the lawsuit, so we just ate our losses. Lesson learned.

Ron Kelley