severe weather in Bella Vista (houses, deductible, prices)

[nmnita]

Originally Posted by sub

My point simply was that tornadic activity can be expected. There is no sweet spot that tornados mysteriously avoid in this area.
The Ozarks have some effect on weather, but we're not exactly talking about the Rocky Mountains here.
Insurance companies might factor in the possibility of tornados, I don't remember on mine. I just pay it.
Yes, I'd be more concerned about hurricanes in Florida than tornados in nwa, and would expect to pay higher insurance down there as a result. Yes, disasters happen everywhere.
I don't think we disagree here.

and my point is tornadoes could happen but not 'should be expected" as you just mentioned. As for insurance companies, why would we all have relatively low rates to very low and one company would be over the top? I remember one guy posting here a few years ago. The insurance guy he talked to insisted he needed earthquake insurance just to be safe because of fracking possibilities. We once bought a home in So. Ca. that was somewhat hilly and the insurance company tried to tell us we were required to carry extra fire insurance. So, my point still remains, our chances of having a damaging tornado is so low, insurance rates should not be affected.

[luvmypackers]

Yes I have been to Bella Vista and I love the area and the people that I have met. (the city employees are terrific) I am going to buy there as soon as I can find what I am looking for.

[luvmypackers]

Originally Posted by nmnita

I have to ask you, have you ever lived or visited NWA especially Bella Vista? Do you have any idea how many miles NWA covers? No one is suggesting we have no threat of tornadoes, but as for severe ones or even ones that do minor damage they are rare. Yes, we do pay attention to the possibility of one, but I do not think our insurance is based on the threat of tornadoes or not much anyway and as I said the insurance rates are not all that high. The only time in 10 springs we have lived here did we any real threat of a problem was when Joplin got hit. Many of us did end up with some wind damage, but heck tell me one state that doesn't have a change of a mother nature disaster?

I have visited Bella Vista and found it to be a wonderful city (the city employees are absolutely terrific). I can imagine that the far west side would be more vulnerable to tornadoes due to being more flat, but I have researched the weather in BV and there is not one instance of a direct hit. I have been though 2 tornadoes in the last 30 years and can recognize the ingredients that a tornado needs and BV just doesn't have all of them to be called a liability for insurance reasons.

[Drum3]

Originally Posted by Slytrix

FWIW I got a quote for a $500k 3500 sq ft house with a $5,000 deductible in Cave Springs for $770/ year. That's not the house that I ended up buying but you can see the difference in price from what you were quoted. I haven't got a quote on the new house being built yet but expect similar but lower do to size and cost.

If you got quoted almost 3 times as much, so $2,400 or so you need to shop around. If you want to know who I am going with shoot me a private message. A+ rated company. I do have my cars with this company as well.

I came across your post and am having the same problem with insurance companies. Would you mind sharing your insurance company name so that I can check it out.
Thanks,
Charlie

[Slytrix]

DM sent

[Johnhw2]

Interesting based upon the one quote given, it appears NWA is more affordable then DFW for this need. Makes sense I suppose with tornadoes and hailstorms less frequent in NWA?

My home in Plano costs me 0.35% of value for home ownership vs 0.14% of market value in NWA.

[Rock Climber]

Originally Posted by Johnhw2

Interesting based upon the one quote given, it appears NWA is more affordable then DFW for this need. Makes sense I suppose with tornadoes and hailstorms less frequent in NWA?

My home in Plano costs me 0.35% of value for home ownership vs 0.14% of market value in NWA.

Hailstorms seem far less prevalent, but that is just my anecdotal experience. I lived in DFW and Austin, and they seemed regular there. I don't know if that is just because the populated areas are so much larger and so you are more likely to see damage, or if its an actual greater frequency in Texas.

Tornadoes also seem to fizzle on their way up the Ozarks Plateau. The local weatherman talks about the Fayetteville Fizzle. We aren't in the plains here, so the odds of larger storms is diminished. At least that is what I keep telling myself. We get warnings, but I don't recall much, if any, tornado-related damage here since we've lived in the metro.

[Slytrix]

Thought I would update.

Got my quote today for my new house being built.

3149 sq ft, 3 car garage $685/ year, $1,000 deductible.

[calicojack]

I just got quoted ins in Bella Vista and I live in Florida. I was quoted cheaper then Fla. Fla can be high especially if you have a home that is built pre 2002 before the new codes.

[nmnita]

Originally Posted by Slytrix

Thought I would update.

Got my quote today for my new house being built.

3149 sq ft, 3 car garage $685/ year, $1,000 deductible.

you certainly can not complain about the price of insurance can you?