Tractor Talk Discussion Board |
Re: Mud slide
[ Expand ] [ View Follow Ups ] [ Post Followup ] [ Return to Forum ]
Posted by MarkB_MI on June 02, 2005 at 19:48:29 from (64.31.11.155):
In Reply to: Mud slide posted by Redmud on June 01, 2005 at 13:25:06:
I think you'll find that most of the mudslide losses are not covered by insurance. If you take a look at your homeowner's insurance, you'll probably find an exclusion against loss due to "earth movement". In other words, earthquakes, landslides and mudslides. In most parts of the country, this is no big deal, but in California the probability of having your house damaged by earth movement is pretty good. So you need special earthquake insurance. But guess what: the insurance is so expensive, the deductible is so high, and the exclusions are so many that it's basically worthless. Many homeowners skip it. And if you have a house in a known mudslide area, it's going to be really expensive. As for why anyone would build in these areas, note that any decent land in So. Cal. is going to be outrageously expense. So if someone can get a building permit on a piece of land, you can bet they'll build on it. This sort of lunacy isn't limited to California. Just take a look at the whole east coast of the US. Practically every foot of beachfront has a house on it, even though nor'easters and hurricanes can wipe them out overnight. If you let someone build someplace they shouldn't, they will.
Follow Ups:
Home
| Forums
Today's Featured Article -
Show Coverage: Godfrey, Illinois Country Days - by Cindy Ladage. Except for last fourth of July's Old Gold show in Springfield, Illinois, I don't remember when it was so hot. Nevertheless, the heat didn't keep vendors and visitors alike from enjoying the third annual Country Day's Event. Jane Elliott said the event was originally a one man show. "Barry Seiler, owner of Country Town Farm Supply store used to invite people up to the Johne Deere store. He would give hats and a free meal for everyone that brings a tractor." Elliott said while this
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
Copyright © 1997-2024 Yesterday's Tractor Co. All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V. Yesterday's Tractors - Antique Tractor HeadquartersWebsite Accessibility Policy |
|