Why do you assume at $100 you would not have 100% sign up? The people who reported the additional cost to their insurance reported twice as much. Also, I was just throwing out those figures. I have no idea if there are 40,000 homes. I just took the 85,000 (apx. population) and divided it by two...it is an avenue that might be explored. And my understanding is the 85,000 will be 110,000 in the near future. If the insurance companies are going to cover it, there is no need but if they are going to not cover it going forward, or only pay 90% on the significant damage, the villagers should look at the possibility to insure themselves. It would be definitely less expensive and better coverage. Of course, you are right about the definition of coverage. This would not be for cracks in the foundation but for a big hole on your property and associated issues..like your house goes missing.
