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Have you ever had an insurance loss?

Were you ever 100% whole on the back side of the event? __________________________________________________________

I totally understand what you're saying. Most of the time, there is not 100% recovery from loss. There have been a couple of times with car insurance I came out ahead; believe it or not. I think you have to have the right carrier and sufficient coverage. Here's an example.......

When Hurricane Ike flooded lower Jefferson and Orange Counties, Texas in '08 my son and daughter-in-law lost everything. But, through Dave Ramsey, they learned to get "Replacement Coverage". They got a brand new modular home on their land and an entire house full of furnished and not one penny came out of their pocket.

Disclaimer:Do not expect the above to happen very often because most Insurance Companies will do everything they can to screw you.

Did the fact that modular homes tend to be significantly lower in cost per square foot compared to site built homes play a factor in making them whole again? Did the cost differential (modular vs site built) save them enough to allow purchase of the replacement furnishings out of the insurance proceeds? Or would their replacement coverage have made them whole regardless?

(For those not aware of the difference, modular homes are not trailers. They are regular homes built in a factory as completely finished modules that are then transported to the home site and placed on a prebuilt foundation by crane. Very fast process for getting a home built. Afterwards, siding (or some other exterior finish) is applied making the house indistinguishable from a site built home.)

Fair enough, and obviously you get my point.

The other aspect is even if people rebuild, a lot of customers won’t be going back to that part of time.