Hello CRD: I just found out Family Insurance Services is pulling out of offering earthquake insurance on South Vancouver Island. Its getting increasingly more difficult and more expensive to get earthquake insurance on the South Island. And why would that be? Because the insurance companies are not interested in paying out the claims that they know will be coming there way. Insurance companies are the most risk-aversive group out there...theyve looked at the stats. Single-point of failure infrastructure at McLoughlin Pt? I think not. bchomeowner/news/3423-major-home-insurance-providers-stop-offering-earthquake-protection-in-bc
Posted on: Mon, 31 Mar 2014 17:47:53 +0000