Quote:
Originally Posted by Larry Legend
Yea, I'm no expert but my wife's parents just got a new roof and it was 12k, through a friend. Couldn't see it costing more than 15-20k max normally, also a big roof.
2% of that is probably the cost of the groceries that were thrown away.
It's 2% of the total policy, so basically 2% of the valuation of the house at the time the policy was issued or renewed. I'm pretty sure it's a FL thing. In terms of actual numbers it means I've gotta come up with around 4 grand before I can get a new roof. OTOH, if a random Jesus fart or tornado or whatever ripped the roof off I'd only have to come up with the regular policy deductible which is $1000 for things not hurricane.
I also found out that maybe the most vulnerable part of the house, my back porch screened enclosure, isn't even covered by the policy. If my house faced west instead of east that enclosure would be completely gone right now.