2024 Tropical Weather Thread (8 Viewers)

[efil4stnias]

City of Asheville (proper ) zip is 28801.

per your link ( second XL document ) , that zip code, as of Aug 31 2023 had 28 policies in force.

twenty-eight.

and 28803- the videos where we saw Moe's/Asaka restaurants next to creek- where water was everywhere ( south of Biltmore ) had 75 policies in force

there is over 100 buildings just in this screen shot alone.

Google Maps

Find local businesses, view maps and get driving directions in Google Maps.

www.google.com

which circles me RIGHT back to how hard it is to sell flood insurance to someone/some business that has NEVER flooded, NEVER seen a flood much less thought about flood waters.

Frustrating. Folks think we try to "upsell" them to make more $$$ in commission. If you are going to protect your investment, why protect it against 75% of exposure?

UGGGHHHH

here is an NWS FORECAST for flooding - of the exact location posted above.

DEAD.SPOT.ON.

 

[guidomerkinsrules]

According to analysis cited in this article today, less than 1% of homeowners in the inland counties impacted by Helene had flood insurance. Landslides are generally also excluded from typical homeowners insurance.

The vast, vast majority of these people are going to find out that their homes were not insured against this event. What a total devastation

Helene brings flood insurance crisis as majority of properties not covered

A high percentage of homes in Hurricane Helene's path across the U.S. were not covered by flood insurance.

www.newsweek.com

If I lived in the mountains, I’d think flood insurance would be as important to have as New Orleans having avalanche insurance

 

[superchuck500]

If I lived in the mountains, I’d think flood insurance would be as important to have as New Orleans having avalanche insurance

Except there have been catastrophic floods in Appalachia - Asheville was struck by one in 1916, Appalachian Kentucky in 2022, and numerous examples in between. It’s just been that they don’t occur in the same place so it’s not a compelling risk in the practical sense especially in a budget constrained area like Appalachia. But heavy concentrated rain in mountains is bad and flooding can be catastrophic. And climate change has increased the number of heavy rainfall events.

There’s never been an avalanche in New Orleans nor is it conceivable in any way.

 

[efil4stnias]

If I lived in the mountains, I’d think flood insurance would be as important to have as New Orleans having avalanche insurance

until you got 4 inches of rain in 2 hrs and home was hit by mudslide.

Which is only covered by flood insurance.

 

[St. Widge]

Except there have been catastrophic floods in Appalachia - Asheville was struck by one in 1916, Appalachian Kentucky in 2022, and numerous examples in between. It’s just been that they don’t occur in the same place so it’s not a compelling risk in the practical sense especially in a budget constrained area like Appalachia. But heavy concentrated rain in mountains is bad and flooding can be catastrophic. And climate change has increased the number of heavy rainfall events.

There’s never been an avalanche in New Orleans nor is it conceivable in any way.

That's why I have earthquake insurance instead.

 

[efil4stnias]

If I lived in the mountains, I’d think flood insurance would be as important to have as New Orleans having avalanche insurance

told yall

 

[guidomerkinsrules]

until you got 4 inches of rain in 2 hrs and home was hit by mudslide.

Which is only covered by flood insurance.

I understand that logic but it still makes no sense

 

[efil4stnias]

I understand that logic but it still makes no sense

what doesnt make sense? having flood insurance for mudslide risk ?

Id argue that if you are living on the side of a mountain in a $400,000 home, that $800~ a year isnt going to cause you to default on your mortgage or bankrupt you.

 

[superchuck500]

That's why I have earthquake insurance instead.

I have it.

But I live near a small but potentially dangerous seismic zone. The last earthquake here was 1886.

 

[guidomerkinsrules]

what doesnt make sense? having flood insurance for mudslide risk ?

Id argue that if you are living on the side of a mountain in a $400,000 home, that $800~ a year isnt going to cause you to default on your mortgage or bankrupt you.

I understand water filling up in a bowl, I don’t understand water filling up on a hypotenuse

 

[superchuck500]

what doesnt make sense? having flood insurance for mudslide risk ?

Id argue that if you are living on the side of a mountain in a $400,000 home, that $800~ a year isnt going to cause you to default on your mortgage or bankrupt you.

Further complicating the issue is that “land movement” isn’t the same as flood and is treated like earthquake which requires additional coverage. So if a slope failure landslide is not covered without the land movement rider, is it a flood of the landslide results from rain?

Is that something that has been litigated?

 

[St. Widge]

I have it.

But I live near a small but potentially dangerous seismic zone. The last earthquake here was 1886.

I think there is technically a fault line in Louisiana, but there is essentially no risk of an earthquake that would cause real damage. But there is likely more chance of that happening than an avalanche.

Certainly there is a higher risk of floods in the Appalachia's and when you live in a valley between mountains there is certainly always risk of flash floods, but I suspect many people that live there were not really aware of it until now and it's probably not something that insurance agents were pushing in the area. So, I have a lot of sympathy for those who do not have it in that area.

Although I will say that lots of people talked smack about people should not live in flood zones and areas prone to natural disasters post Katrina. It took hurricanes and blizzards in New York for people to start realizing that natural disasters and floods can happen most places.

 

[superchuck500]

I think there is technically a fault line in Louisiana, but there is essentially no risk of an earthquake that would cause real damage. But there is likely more chance of that happening than an avalanche.

Certainly there is a higher risk of floods in the Appalachia's but I suspect many people that live there were not really aware of it until now and it's probably not something that insurance agents were pushing in the area. So, I have a lot of sympathy for those who do not have it in that area.

Although I will say that lots of people talked smack about people should not live in flood zones and areas prone to natural disasters post Katrina. It took hurricanes and blizzards in New York for people to start realizing that natural disasters and floods can happen most places.

Agree and I certainly don’t want my posts interpreted as saying they should have had it (only that historically and geographically the risk is real). As a practical matter, most of the flood destruction has been in very modest areas. We’re talking small single family country houses and farm houses, mountain bungalows, and modular/mobile homes. For households like that, $800 a year is a sizable chunk - on the list of things they have $800 for, flood insurance is pretty far down.

 

[efil4stnias]

Further complicating the issue is that “land movement” isn’t the same as flood and is treated like earthquake which requires additional coverage. So if a slope failure landslide is not covered without the land movement rider, is it a flood of the landslide results from rain?

Is that something that has been litigated?

have no idea about the litigation since we just dont have THAT issue here locally lol

but yes- LANDSLIDE vs MUDSLIDE. two different perils and subsequently one ( mud slide ) is covered by Flood , while LANDSLIDE is not ( because its primarily made up of earthen materials- rock/boulders/soil )

I would imagine somewhere it has been to court to determine "proximate cause" ( or concurrent causation )for landslides. I just dont know of any.

I do remember reading about California having codified "proximate cause" - for folks in wildfire country- so if wildfire happens up the mountain, causing landslide that damages home, even tho the landslide is excluded peril, because the wildfire ( aka fire ) was a covered peril and was the "proximate cause" of the landslide, insurer has to cover the loss.


and i would imagine NC will have multiple cases going forward here.

 

[efil4stnias]

Certainly there is a higher risk of floods in the Appalachia's and when you live in a valley between mountains there is certainly always risk of flash floods, but I suspect many people that live there were not really aware of it until now and it's probably not something that insurance agents were pushing in the area.

well hello E & O .

lol. ( giving me PTSD again )