While filling out a myriad of escrow papers I had to figure insurance for our future house and decide if I wanted earthquake insurance or not. Such a hard decision. If I don’t get it then I am certain we will have a major tremor. If I do then my monthly rate more than doubles, but it is still reasonable. At least for now, I am choosing to keep SoCal safe and am getting the earthquake insurance…oi…something I’d be happy to never ever use.
UPDATE: After talking to some friends whom I trust and thinking about it some I decided against earthquake insurance until I have more equity in the property.