Quote:
Originally Posted by vintageogauge
$100 a year, let's say 60,000 homes in here, $6,000,000 per year divided mostly by Deans and Massey. I wonder how many claims they have ever paid out on termite damage. I wouldn't mind having a piece of that action. They most likely have insurance to cover any claims that might arise but premiums would not be anywhere near that number.
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I agree. But, if you do a similar calculation with car insurance, I would rather have a piece of that action. And homeowners insurance on the 60,000 homes is about 10 times what people pay for the termite insurance.