Quote:
Originally Posted by aigel
Useless. Very high deductible. And as mentioned, the Bay Area gets flattened, good luck collecting. The main value of my house is in the land anyway.
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Very true on all of the above.... The house itself on my policy declaration is valued at 1/3 the cost of the lot, it's popsicle sticks and drywall, essentially. Not that I would wish for it, but if it were really damaged, I could rebuild it better, more earthquake proof, and with a bigger garage (and FEMA loan??) and less city hassles than trying to improve it now... Not worth it. And I'm overinsured in general...