Need flood insurance?
Thursday, June 26th, 2008If you lived, say, on a hill in downtown Seattle, would you need flood insurance? That seems like a silly question, but the answer might be yes! A onetime boss of mine owned a multimillion dollar house in Seattle that was well above sea level. However, one extremely rainy month his house slid down the hill and collided head on with his neighbor’s house. None of this was covered by insurance as the damage was caused by the movement of water.
