My home insurance agent try to sell me the earthquake insurance on my house. My understanding is that the probability of earthquake is very hard to gauge. I am not sure what recent development they have, maybe the damage to a house not close to a earthquake vault is much less or house on the hill is less likely to have severe damage, as the hill is the result of earth plate squeezing each other. And I know for sure, that insurance company is like a roulette operate, they will not pay out 37 to 1 with 0 and 00 present. so what makes them starting selling insurance against earthquake and do they reject some homeowner to buy the insurance?
Submitted November 19, 2023 at 12:57AM by silicon_replacement https://ift.tt/avJAudz
