|Re: Earthquake/disaster insurance||<– Date –> <– Thread –>|
|From: dahako (dahakoaol.com)|
|Date: Tue, 19 Aug 2008 07:48:20 -0700 (PDT)|
The National flood insurance program does sell insurance for properties outside a floodplain. Jessie Handforth Kome Eastern Village Cohousing Silver Spring. MD ------Original Message------ From: Kay Argyle To: 'Cohousing-L' ReplyTo: Cohousing-L Sent: Aug 18, 2008 9:36 PM Subject: Re: [C-L]_ Earthquake/disaster insurance Catching up on email after a week away - Salt Lake lies on several major fault lines, producing 6.5+ magnitude quakes about every 350 years over the past six millenia. The latest one is overdue. http://quake.usgs.gov/prepare/factsheets/Wasatch/ I think our earthquake insurance premium is somewhere in the neighborhood of $10,000. Our SIP construction is - in theory - supposed to be very earthquake resistant. Given our location in the valley, we are probably in more danger from liquefaction or seche waves than from shaking, in any case. We are between a river (folks in most parts of the country would probably giggle to see what Utahns call a river) half a mile away, and the surplus canal across the street, which is used to divert excess water out of the river and in the spring often runs high enough it submerges the bottom of the bridge. We know (from unfortunate experience) that the SIP is very vulnerable to water damage. Nonetheless, we don't have flood insurance. My understanding is that, if you don't live in an official flood plain, you can't even get flood insurance. Kay Wasatch Commons _________________________________________________________________ Cohousing-L mailing list -- Unsubscribe, archives and other info at: http://www.cohousing.org/cohousing-L/ Sent from my Verizon Wireless BlackBerry
- Re: Earthquake/disaster insurance, (continued)
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