Quote:
Originally Posted by Blueblaze
I rode out Harvey (and three other cat-5 hurricanes) in a 20-year-old brick/frame home built to no hurricane standard whatsoever, the same distance from the ocean as The Villages. The eye of Rita went right over my house.
But it was a week before I could get out of my driveway from Harvey, and two weeks before we had power again (4 weeks w/Rita). The floodwaters never entered my house (barely), even though I measured 36" of rain over two days. Afterwards, I helped friends muck out the remains of their homes who were also not in any flood plain. Harvey was the worst storm I ever saw, and not because of the wind.
But you know what was different about the four hurricanes I lived through in Houston?
My insurance company never doubled my premiums in Cypress just because Galveston was flattened. And nobody ever threatened to cancel me because my roof was 10yrs old.
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People do not understand what insurance is. You pay a company to cover part of YOUR risk. They have calculations on what your risk is. You may discover that a different company thinks you risk is greater or less than the company you now use.
Another REALITY all companies will gladly sign you up. Companies are rated. Should you need to collect on damages,they are not all the same.
If, you have a mortgage the mortgage holder says you must be insured. Even that is not so. If, you have the money to cover the amount of the mortgage you can freeze the money and self insure. If, you have no mortgage, you can choose to self insure.
RE: Ten year old roof. I would check. I think it is thirteen years old.