I have a talent for encountering uninsured perils. Here’s the latest:
heavy rains in East TX over weekend. mini-mudslide put 8 inches of mud into one of my properties. damages not tallied up yet, but will be more than insurance deductible. called insurance man. not covered. I would have to carry flood insurance. but this property is not in any known flood zone, so I don’t have it.
ironically, this house sits across the street from 4 other properties, which are in a flood zone, and for which I do carry FI. and naturally, they were unaffected by the heavy rains…
You say that the damage is from a mudslide. I can tell you from having a slide behind my house that the flood insurance would not have mattered. Earth movement is alway excluded from insurance policies. The only reason we in CA have earthquake is that the state requires it be offered if you want to do business here. The assumption with slides is that you should have adequate drainage to take the water away from where it would be a problem. This is different from a flood where the water is what causes the damage.