Fire insurance question? - GoFuckYourself.com

L-Pink · 10-26-2007, 01:56 PM

Fire insurance, will it cover ALL homes in California?

I once owned river-front property and know the loopholes insurance companies have in policies and the need for riders covering specific events. These are the same loopholes that devastated many homeowners in New Orleans.

example; water damage in most policies doesn't cover "moving water" damage caused by flooding.

Will fire insurance coverage be limited to with-in the dwelling occurrences, wiring, kitchen accidents, etc. Will air borne debris from outside the property be excluded? Just curious, insurance companies make their money from NOT paying claims. Anyone know?

GreyWolf · 10-26-2007, 02:02 PM

And how far is the nearest fire station and how long does it take to reach your property? Sounds like a nice "business model" to get out of the property market slump?

Persius · 10-26-2007, 02:50 PM

in time we shall see... lets hope they dont go bankrupt then these ppl are fucked

L-Pink · 10-26-2007, 04:55 PM

Quote:

Originally Posted by Persius

in time we shall see... lets hope they dont go bankrupt then these ppl are fucked

I hope I have maybe created questions for those that might get screwed in the future.

10-26-2007, 01:56 PM	#1
L-Pink working on my tan Industry Role: Join Date: Mar 2005 Location: Florida/Kentucky Posts: 39,151	Fire insurance question? Fire insurance, will it cover ALL homes in California? I once owned river-front property and know the loopholes insurance companies have in policies and the need for riders covering specific events. These are the same loopholes that devastated many homeowners in New Orleans. example; water damage in most policies doesn't cover "moving water" damage caused by flooding. Will fire insurance coverage be limited to with-in the dwelling occurrences, wiring, kitchen accidents, etc. Will air borne debris from outside the property be excluded? Just curious, insurance companies make their money from NOT paying claims. Anyone know?

10-26-2007, 02:02 PM	#2
GreyWolf So Fucking Banned Join Date: Jun 2007 Posts: 2,036	And how far is the nearest fire station and how long does it take to reach your property? Sounds like a nice "business model" to get out of the property market slump?

10-26-2007, 02:50 PM	#3
Persius Tap into MOBILE! Industry Role: Join Date: Jul 2003 Location: Hollywood Posts: 11,779	in time we shall see... lets hope they dont go bankrupt then these ppl are fucked