06-04-2013, 04:12 AM
We were not positive when we bought here, after all, what is the chance of a hurricane. But then my very wise MIL reminded us, if we did not have the insurance & a hurricane DID hit, what was the chance we could then replace everything.... and our add premium was not that high....
There is also the possibility that the current ocean temperature trends will increase the potential of cyclonic storms in this region... but then that is betting on a very unknown..
But there is one thing to remember, earthquakes are far more common & have caused more damage on this island than hurricanes....but very few cover earthquake damage (our insurance does not even OFFER it...) So we are still under-covered for all potential events..
There is also the possibility that the current ocean temperature trends will increase the potential of cyclonic storms in this region... but then that is betting on a very unknown..
But there is one thing to remember, earthquakes are far more common & have caused more damage on this island than hurricanes....but very few cover earthquake damage (our insurance does not even OFFER it...) So we are still under-covered for all potential events..