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Gone With The Wind.....

June 13th, 2008 at 07:10 am

We got our state windstorm insurance coverage renewal yesterday. It's gone up another 100 dollars or so. A few surcharges, and I realized that I don't have the deductibles in an account. I DO have the insurance cost this year saved, but next year will be fun. It was much easier this year since I got a large refund on my homeowners when they dropped the windstorm, and I just dropped it into an account. But next year I will have to save up. To the tune of about 1200 dollars. On top of all the regular insurance. Let's see. Household insurance is about the same amount. Plus flood insurance. Glad I really do like my company and its agents. Because we're paying a bunch for the good service. I need to set up a plan for getting that premium back into the coffers. And figure out about the deductibles. They run another several thousand if the whole thing plus contents were wiped out. Regular insurance goes into escrow. Flood insurance is paid during the summer, also. I usually don't have too much trouble with the flood insurance premium. It runs about 400 dollars. I try to have that ready early. Once, I saw a guy with a head tall yardstick in our town showing how high the waters would get during a really big hurricane. Just a handful of inches. Not really bad. But, if you consider the woman I met that had only 2 inches in her house, but her walls all molded before she could get back in and she had to gut the whole thing....definitely going to keep the flood stuff. It's just a fact of life. This area keeps the gasoline and chemicals flowing into other parts of the country, so we're needed. I did have to wonder once just why on earth did they put everything in harm's way. Convenience, eons ago. Too costly to move things now. Eventually, we'll move out of range before the companies do.

Insurance on older homes is getting harder and harder to sort out. I wrestle with this a lot. I am glad I can bombard my people with questions, and that they take the time to figure it out for me. I need to take a more proactive stance on this and quit bemoaning it all. It is a tough thing sometimes when I realize that all my relatives in other areas of the country pay a small percentage of the whole insurance package we pay. And, if we have another storm in a year or two, we might be in a world of hurt trying to keep insurance. I need to realize that this is a bigger issue in our little world and concentrate on making it a priority. And saving and saving and saving. We need to have a Hurricane Fund set up for all this outflow. And, for the cost of supplies, and for living expenses. And for deductibles. At least, we are able to prepare and actually see the storms coming unlike the poor folks in the midwest and all that get the tornados so much. We can run ahead of the wind....

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