Saturday, January 26, 2013

Insurance, Dinner and Buying Paint

DeBary, FL.

46 deg. clear, no wind.

Forecast = Mostly sunny. Highs around 75°F. West northwest wind 5 to 9 MPH.

Jim and Linda met Laura and Lindsey over at the house yesterday morning. Laura wanted to see the furniture that Jim and Linda had bought and Lindsey helped Jim measure the rooms that Linda is considering painting.

It was about noon when Jim and Linda came back here to the park. When they got back, Linda called the insurance agent to see what was happening with the insurance on the house. Well, the news wasn't good. The agent told her that he had contacted the company and they had told him that it would be at least another week before they would even look at the application!!! : (

When Linda told Jim what the agent had said, Jim said, "Enough is enough, we're going with the back-up plan". !!!!!!!

Linda told the agent what they wanted to do and he said to come on over to the office and he'd get it set up.

So,  ,  ,  ,  after Linda grabbed a bite to eat, they headed over there and purchased a policy that gives them very good liability insurance but no insurance at all on the house or anything in it.

Now I know that to some of you this may seem crazy, but being that Jim and Linda didn't pay much at all for the house, (they could buy 4 or 5 of these houses for what it would cost to replace me), and they're planning on having almost all used furniture inside of it, the risk of losing a lot of money in case of a total loss is minimal. As far as personal "things", Jim and Linda don't have too much of that, and have no intention of collecting a lot of "stuff" in the future.

Also, because just the liability insurance is much less expensive than home insurance, they will be able to save some money to put in the bank in case they need or want to buy another house in the future.

This is not an ideal situation but it seems like one of the only options available for a manufactured home this old. (Built in 1976).  I can't stress too much to anyone who is considering buying property or a home in FL. Make absolutely sure that you can get insurance on anything you buy, before you sign anything!!!!!!  Insurancewise, (I don't think that's a real word), there are some crazy thing happening down here in FL and the rules are changing from day to day. It's not like buying insurance in any other state!!!!!!

For dinner, Jim and Linda met Laura and Lindsey over at the Arby's restaurant in Orange City and then went to Home Depot to pick out and buy paint and supplies for the house. Laura is very good with colors and decorating and Linda really wanted her opinion.

After purchasing (just the right color paint),  Laura and Lindsey headed home and Jim and Linda came back here.

So, ,  ,  ,  ,  ,  Jim and Lind have made the insurance decision and they have decided that they're not going to "look back".  If something happens, Jim and Linda will still be all right. They have enough resources right now that they could go out and buy another house like this one. And, they're still planning on having a medium sized RV for the foreseeable future, so they'll also have that option.

Today, Jim and Linda will be going over to the house and will start the "prep" work for the painting. Then when there's time, Laura will come over and help with the painting.

Did you know that on this date in 1950 - The American Associated Insurance Companies, of St. Louis, MO, issued the first baby sitter’s insurance policy?

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