Do you have earthquake insurance or flood insuance? Better yet Tornato insurance? Why or why not?
by 
Trisha Had her baby
ANSWERS: 11
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None of the above as I live in a part of the country were we don't have to worry about that stuff. Our biggest threat is wildfire.
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Nope, nope, and nope. There's no fault line in Florida, so there's no reason to have earthquake insurance. I have homeowners' insurance as mandated by my mortgage, but no flood protection. Even if my home got totally wiped out by a tornado, the insurance company would get away with not paying us because we have two pit bulls. Happens all the time in Florida. Because people that have large dogs are more likely to get hit by a hurricane, or something.
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None, because the earthquake last week was the first I remember, I live on a hill,no flood, and rarely a tornado, so I will go against the odds and not pay extra for something that will probably never happen.
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I have home owners insurance and it has coverage for earthquakes. I live in Southern California. We have earthquakes.
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None of these. I live in Connectcut where we don't experience many earthquakes or tornados. I don't live in an area that floods. The last flood here was in 1955, since then a dam was constructed.
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Yes, flood and windstorm. Mighty important and might expensive.
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Here is an actual real answer for you. If you have a homeowners policy you are most likely covered for a Tornado as windstorm is a covered peril on any policy that you are going to buy.(unless it is a specified peril policy and wind is not one of the covered perils)For the Earthquake and Flood, these coverages are in addition to your current homeowners policy. Price Varies Depending on your homes location and the likelyhood of claim.(i.e. flood insurance in FL is almost unaffordable, earthquake insurance in CA is more expensive than it would be in Nebraska) It boils down to personal choice you get the earthquake coverage endorced on your current homeowners policy so it is private insurance and can be written on a replacement cost basis. Flood insurance on the other hand is only avaliable through the government and the maxium coverage amount was just raised to $335,000 for the dwelling and $135,000 for the contents. so if you have a million dollar home full of great and expensive things move out of the southeast=) i hope all of this helps
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I am an insurance agent, my homeowners insurance policy would cover in the event of a tornado. But, we do not have earthquake or flood insurance, not much chance of either where we live in Wisconsin. Earthquake can be obtain via your homeowners insurance company. Flood insurance can be obtained via your agent through one of the companies affiliated with the National Flood Insurance Program.
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Even though I live in earthquakeland - Los Angeles - no I don't carry EQ ins. I do not live in a flood zone. They don't sell tornado insurance where I am.
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When I was looking for a house, the agent kept trying to sell me a place that qualified for flood insurance. They all had nice views and were sometimes on the river. I kept explaining that I want to live somewhere too high to qualify for flood insurance. I was moving from the Virgina coast where the water table was 6 feet. I dumped the agent and found a lot almost on the top of a hill (I worry about lightening too). No floods, out out the tornado path, many trees (away from the house) for lightening strikes. It is also built on a huge rock so if there's an earthquake, not likely in north west Pennsylvania, the rock will move before the house splits. For good measure, there is a high powered fire extinguisher at the end of the driveway. My insurance rate is very low. I also have smoke, carbon dioxide detectors and fire extinguishers. God, I didn't realize how obsessive I am!
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A THOUGHT= IF YOU BUILD A HOME IN TORNADO TERRITORY, I SUGGEST YOU MAKE IT OUT OF CEMENT TO WITHSTAND A FORCE OF ANY TORNADO. MAKE SURE YOUR FLOOR IS CEMENT WITH SHEETMETAL DUCTS RUNNING THROUGH IT TO KEEP YOUR HOME WARM IN THE WINTER AND THE CEMENT WILL KEEP YOUR HOME NATURALLY COOL IN THE SUMMER WITHOUT EXTRA POWER. MAKE SURE YOUR ROOF IS MADE OF CEMENT AND STEEL=H-BEAMS TO WITHSTAND THE FORCE. BARN TOO AND BASEMENT.
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