Contributed by mm | June 3, 2004 03:49 PM
PST
Recently I am considering the idea of purchasing earthquake insurance for my house. As you are probably aware, conventional homeowner insurance does not cover natural disasters like earthquake and flood. Living in the hilly Seattle, I see the risk of being flooded is next to null, but the earthquake risk, while slim, is realistic. As a matter of fact, according to National Earthquake Information Center, Seattle is among the riskiest places in the States that will suffer from a major earthquake (the same for literally the entire West Coast).
You may say I am risk-averse (which I am). Imagine if an earthquake really hits us and damages the building, I'll be immediately upside-down with a negative net worth of $100,000 or so. (And I cannot expect federal government or the state to bail me out. Federal government can only offer some small relief.) Although this is a worst-case scenario, the financial impact will be massive and the impact to my retirement plan will be almost irrepairable.
My insurance agent quotes me $248 for an earthquake rider from Safeco which covers up to $200,000 of structure loss with 15% deductible. I tend to consider it worthwhile. I might think for some more time and take action.
Topic Sponsors:
Matrix Direct -- the fast, easy no hassle way to buy term life insurance.
Life Insurance Quotes
Free Car Insurance Quotes
Life Insurance in 10 minutes if qualified. No medical exam.
 
What do you think of this post? Be the first to share your
opinions.
Auto Insurance Price Check (July 04, 2004)
My current auto insurance policy will expire in about six weeks so it's time to check whether I need to switch the boat. My current insurer for both my home and my wheels is Safeco (I have been with Safeco for around a year). Read
Homeowner Insurance Premium Increased (July 04, 2004)
Today I received a mail from Safeco, my insurance company for home and car, regarding increase in homeowner insurance premium for the next 12-month period starting in August. The annual premium is increased from $329 to $364, a 11% increase.
Read
Medical Insurance for Visiting Parents (November 12, 2003)
I'm shopping a medical insurance for my parents right now, who are going to visit my family for three months starting this Christmas. Same as my choice of auto insurance and umbrella policy, my goal is to minimize my risk of massive medical expenses while ... Read
|
[an error occurred while processing this directive]
ARCHIVES
All 937 Posts
By Topics
By Date
THE JOURNEY
HOT DEALS
SERIES
PRODUCT REVIEWS
Banking Products:
Credit Cards:
Credit Reports:
Other Products:
|
PREMIUM SPONSORS
Car Loans
Dallas Bankruptcy Attorney
Personal Loans
Car Finance
Homeowner Loans
Cheap Car Insurance
Mortgages UK & CCJ Mortgage
Used Cars
Loans
Commercial Mortgages and Business Loans
Guaranteed Car Finance
Payday Loan
Personal Loan
Student Loan Consolidation.com
Secured Loans
Bad Credit Loans - Free Quote
|
Others Channels of the Personal Finance Blogger's Network
• Financial Freedom Trek (33 posts): One generation debter's trek towards financial freedom. (RSS Feed)
• Nathan's Financial Mindset (26 posts): My day by day activities to save for most foreseeable events in the future, retire early, and retire rich. (RSS Feed)
• Prospect (34 posts): Personal finance for today and tomorrow. (RSS Feed)
• Mrs. Money Matters (23 posts): Money matters from a wife, mother, employee, and entreprenuer. (RSS Feed)
• North of 49º (44 posts): Fiscal tips, tricks, rants and raves from North of 49º. (RSS Feed)
• The Money Garden (38 posts): Patiently cultivating wealth in pursuit of financial abundance. (RSS Feed)
• Stumbling to Financial Freedom (11 posts): Going from debt to incredible riches in one million easy steps. (RSS Feed)
• Fidelity Observer (98 posts): Tips, observations, and information relating to Fidelity Investments and other personal finance issues. (RSS Feed)
• Finance: Meet the Master (1 posts): Discuss finance related queries and stock market with the master. (RSS Feed)
• Personal Finance Café (9 posts): A forum to discuss personal finance issues including taxes, home ownership, insurance, budgeting, and investing. (RSS Feed)
• Coach Coin (55 posts): Simple Tips & Analysis from a Personal Finance & Success Coach. (RSS Feed)
|
Featured Sites
• payday loans - Payday Loans No Credit Check can offer you with reasonably-priced loans for you financial requirement.We deals in Payday UK, Payday Loans Australia , payday Loans Canada.
• Protected.co.uk compare over 300 life insurance plans to find the best deal from their providers.
• Search 300 life insurance plans from 12 leading providers.
• Bad Credit Auto Loans are loans for people who have a poor credit history and cannot qualify for an auto loan. If you are able to secure a bad credit auto loan, you should consider it to be a second chance to improve your credit rating by making all auto loan payments on time.
• Car Finance - The Uk's leading online car finance company. Buy any car from any UK dealership. Bad credit not a problem.
• SecuredLoansCentre.co.uk - 3 easy steps to compare over 200 secured loan plans for UK home owners in minutes
• Find a fast payday loans in the UK. Even if you have a bad credit history, arrears or CCJ's, Loansite's top lenders can help you compare loans and find a low APR secured loan, homeowner loan or tenant loan with fast approval in principle.
• Legal Helpers experienced bankruptcy lawyers can help you out of debt. Take advantage of our Free debt consultation. Our bankruptcy lawyers will help you understand your best option to eliminate your debt. Ask about our 100% guarantee.
• Student Loan Consolidation - Need assistance with Student Loan Consolidation? Have a personal education finance advisor assist you with rates as low as 4.5%. -Quick, Easy Online Application w/E-sign!
• Cheap Car Insurance - Provides Cheap Car insurance. Receive an instant quote online
• Womens Car Insurance - Specialises in cheap car insurance for women
• Have a Personal Bankruptcy Lawyer assist with filing bankruptcy for a chapter 13 or chapter 7 bankruptcy case. Free bankruptcy evaluation tool.
• secured loans - Any purpose low Cost secured Loans.
• The Internet's most trusted credit card resource directory.
• Frigidaire Parts
• Fleet Dealer - Ford Fleet trucks and vans, cargo vans, cutaway vans, LCFs, work trucks, commercial trucks, ambulances, tow trucks, police squad vehicles, and other commercial vehicles like box vans, delivery vans, box trucks and dump trucks.
• Bad Credit Auto Loans - Auto loans bad credit, bad credit auto loans, guaranteed credit approval, auto financing, credit lenders, car credit, automobile lenders, bad credit auto loans seattle, auto loans bad credit seattle.
• Ford Dealer - One of the World's largest Ford Dealerships. Over 3,000 cars and trucks to choose from. Mega Volume Dealer. $1,000 price guarantee. Large Special Finance Store. Ford Dealer Seattle. Mustang, Edge, Explorer, F150, f250, fleet, build your own Ford.
• Auto Loans Bad Credit - Bad Credit Auto Loans, auto loans bad credit, guaranteed credit approval, car credit car loans, automobile financing, credit lenders, bad credit auto loans seattle, auto loans bad credit seattle. (Home | Apply | Inventory | Credit Help | Contact Us)
• PayDay Loans
• moneyeverything.com - Find the right credit card to suit you with our guide to the right card in the UK
• airaid.co.uk - Looking for credit cards in the UK? Find the right credit card to suit you with our guide to choosing the right card in the UK
• Bad Credit Loans - find out some tips about improving your credit score and choosing the best bad credit lender.
• Consolidate debt with Bad Credit Personal Loans online or Personal Loans, consolidate Bad Credit Personal Loans or apply for Credit Cards including 0% deals.
• You may also want to look at UK Bank Accounts and get a Credit Report before comparing UK Credit Cards or finding out about UK Mortgages to refinance or move house.
• We provide personal loans for debt consolidation, home improvement, bad credit loans at cheap rates in the UK.
• If you are buying a car you may want to search for UK Car Insurance to get a car insurance quote online.
• Accepted.co.uk compare over 100 secured loans to find the best deal from their lenders.
• Accepted.co.uk compare over 100 secured loans to find the best deal from their lenders.
• Sending money to family and friends has never been easy. Use iKobo, secure way to send money worldwide
• Payday loan tips at paydayloanreport.net helps you to defeat cash-checking and payday loan traps.
• MM Money is an interesting money blogthat covers many aspects of personal financial matters.
• This insurance weblog covers all major types of insurance, including health, life and car insurance
• Bestcardguide.com offers independent review of best credit cards
• Real Bankruptcy offers excellent tips of bankruptcy and how to avoid them
• Small Business Loans
• Credit Card Debt Relief
• Online Credit Card Processing
• Stock Investments
• online casino - reviews of goldenpalace, casino-on-net, and more. onlinecasinobluebook.com review guide.
• Student Loan Consolidation - the student loan solutions provides students and their families with information and resources to help students get out of default and better manage their student debt.
• Bad Credit Auto Loans - washington state's bad credit auto financing leader.
• Home Loan - getsmart is a leading online financial marketplace, focused on smart consumers in a hurry.
• Credit Cards - the best deals on uk credit cards compared, regularly updated
• IRS Tax Lien - when you need help with your tax problems, call citizens tax relief.
• bankruptcy - bankruptcy lawyers from around the country providing assistance with chapter 7, chapter 13, and debt issues
• Credit Repair - repair my credit now credit services offers credit repair, restoration and education through our exclusive "v" phase process â„¢
•
Want to See Your Ads Here? Claim Your Ad Space at Personal Finance Weblog by Writing to Webmaster. Starting at $39/month, see your text ads in thousands of indexed pages at PFBlog, the Best Personal Finance Blog. Full Rate Card Available Here.
|
