07-18-2009, 03:34 AM
quote:Some of this may just be political desk pounding. Hawaii isn't the only place in the US with volcano hazard zones that impacts mortgages. Hawaii island is the only one with "Zones". Most other places simply have a single "USGS Volcano Hazard Zone" that encompasses the entire hazard area without separating it into zones. Additionally, many of these volcanoes are in areas that are not open to development such as national or state parks/lands. So mortgage companies don't deal with the volcano hazard since there are no properties that can be purchased.
Originally posted by jdirgo
My big question remains, why is the Big Island singled out when other states have active volcanoes.
Oh yeah, Hawaii's zones are more about Lava flow not just the erruption. Since Hawaii's lava is flowing, that's part of the equation, where others are just the danger of the eruption and following flow.