Why is home insurance limited to each and every different type of disaster?
The home is either livable or NOT livable. . . No matter what disaster ruined the home. . Why is it then that will have to pay extra for every type of circumstance? An accident is an accident. . . . A disaster is a disaster. . . house can be burned, flooded, destroyed by the earthquake and the tornado / hurricaine once. . Why pay for all the different ways insurance-wise? How covered is covered? And why! Why: If you are NEVER any type of claim that you did not back any of the money you spend year after year after year? Again, once you pay the sum insured value of the home. . who cares if the house replaced “money-wise ‘already premium why not spend these grants on a second home instead? just shoot in the dark here of the many complaints I have heard ranted from my elders recently. . their solutions were hysterical. . We’d love to hear more solutions.
You used the words paid, pay, money, spend, and they are all correct. It is all about the money, yours specifically, and how much of it the insurance industry can get (steal).