Sushi Money

      Lots of mixed themes in the news this week, overshadowed on the west coast by the horrendous fires from L.A. to San Diego.  For most of us it doesn’t seem quite real, but with over 265,000 people evacuated (over 300,000 500,000 now) and 700+ 1200+ 1300+ homes burned, it really makes you think about what’s important in life.  Most people will rebuild, but there’s got to be a few people asking if it’s worth rebuilding in the same place that fire has already struck twice.  It also brings insurance thoughts to mind.  There is no substitute for a good insurance policy on your home (or car, etc).   What is a “good insurance policy”?  It begins with full replacement value for loss, as well as inflation protection over time.  And yes, that means the policy costs will rise over time as well.  Keep in mind that belongings and property inside the home are often not insured for replacement value. You often have to ask for full replacement value on personal property.  It’s hard to read all the policy jargon sometimes, but your insurance agent should be able to explain every detail of your policy.  That is his/her job, and after a casualty or loss is no time to wonder what kind of coverage you’ve got.  But property is simply that… and can be replaced one way or another.  Human life is precious, and obviously most people escaping from a life-threatening situation are thankful just to be safe.  

     My prayers and thoughts go out to so many people and the firefighters going through so many challenges right now.  We’ll have to find some charitable causes that are set up to help, does anyone know?  I would gladly put a link up on the site and write to help raise money.

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