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03:39 PM

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Subject Earthquake cancellation notice from Billings Mutual Insurance in St.Charles Mo.

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I saw on another thread a few weeks back that they have also made coverage for "Named Storms" a provision in insurance policies. That is why all storms are named now. If your policy states that you are not covered for "Named Storms" then if you get damage from wind, rain, snow or tornado due to the "named storm"  you are on your own.
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:siren2::siren2::siren2::siren2:

can anyone confirm if this is true?????
i knew there had to be a reasoning behind naming storms that was something about money. it's always about money.

people were saying it was for "ratings" on the weather channel but now this sheds a whole new light on it.
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PC, I'm glad you're back to your mustachioed villain avatar...always makes me smile! :)
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:38spec::hf::hf:
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Original Message Here is a letter I recieved in the mail yesterday from my home onwers insurance company.

Why is my policy being amended to remove earthquake coverage ?

The peril of earthquake represents a potential catatrophic loss for our company and requires large amounts of additional coverage to be purched in the event an earthquake occurs. The market for this additional coverage has narrowed to the point we no longer able to purchase coverage at acceptable levels in pricing. With our current earthquake expiring on 12/31/2012 and no alternative solution, this left no option but to remove earthquake from our policy coverage.

They had no problem taking my money for the last 18 years..... Do they know somethging we dont ?

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