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Mar 5, 2021
6:10
:58
am
ryebrye
All-American
The loophole is probably bankruptcy
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ryebrye
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ryebrye
Joined
Dec 13, 2015
Last login
May 13, 2024
Total posts
8,219 (3 FO)
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Messages
Author
Time
Just bought a home in Lehi. Earthquake insurance - yes or no?
TarCoug
3/4/21 9:20pm
That's really expensive.
SoValleyCOUG
3/4/21 9:21pm
isn't it $300-600/year for a 3000-4000 sq ft home?
4slyce
3/4/21 9:22pm
We got quoted 100/month. Looks like I need another quote.
TarCoug
3/4/21 9:23pm
My dad was paying a ton with farmers & then shopped around, now paying $400/yr
4slyce
3/4/21 10:25pm
The loophole is probably bankruptcy
ryebrye
3/5/21 6:10am
Earthquake insurer bankruptcy is actually very rare. They always negotiate
Megamind
4/18/21 11:17am
I'd be shocked if you found a company with rates that low.
SoValleyCOUG
3/4/21 9:26pm
My parents house in Orem is ~$400/yr for ins
4slyce
3/4/21 9:49pm
That's actually normal for new homes. Earthquake insurance premiums are highly
Megamind
4/18/21 11:27am
I bought a place in lehi as well, let me know what you end up doing
4slyce
3/4/21 9:22pm
If your home is the majority of your net worth, then it might be worth it.
Cougar Junkie
3/4/21 9:26pm
Surely there's an earthquake insurance category & mods can swiftly moderate you
Ten_Hour_Drives
3/4/21 9:33pm
TNT didn't know what a cattle prod was before the mods showed him
TNT
3/4/21 9:58pm
Careful. You might get moderated for innuendo if the wind is blowing right
ryebrye
3/5/21 6:11am
No
cmoney
3/4/21 9:44pm
Ned Flanders would consider that a form of gambling
TNT
3/4/21 10:01pm
United Insurance has good rates.
Cobra Venom
3/4/21 10:20pm
RE: Just bought a home in Lehi. Earthquake insurance - yes or no?
TheoHux
3/4/21 10:23pm
Good read, the ded. I think my friend was saying can be tricky w these policies
4slyce
3/4/21 10:29pm
Go with united insurance group....local company
jwf
3/4/21 10:47pm
No. The deductible are enormous. In most cases the damage to your home
Carnac
3/4/21 11:28pm
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