Wednesday, October 17, 2007

Everybody gets earthquake coverage in New Zealand

I love this! You get coverage for a crack in your cottage. At my cottage, I just nail another board over it!

I wonder what they do when a real earthquake comes along? You might as well have universal coverage with insurance companies. It's a lot better than having a hopeless gov't bureaucracy trundle in after the fact.

3 comments:

Chris said...

When a real earthquake comes along, they pay up. Just like they did after the '87 Edgecumbe earthquake -- they paid for every damaged masonry chimney to be hauled out with a crane.

Somehow I doubt that a private insurance company would be willing to touch that deal... ask the people who tried to get their houses rebuilt after Cyclone Tracy.

Harold Asmis said...

Ha! I knew you'd pop up, if I mentioned anything about New Zealand!

Chris said...

Positively Pavlovian, innit? Drool drool.