I always thought it would be nice to build an underground house with maybe one floor partially above ground for ease of entry and garage use. Obviously this is difficult in a high water table area but you have massive savings on heating/cooling and it’s pretty much immune from weather effects.
Concrete doesn't burn, but gets all crumbly when heated unless covered up with fire brick or fire mortar. That's why you don't see fireplaces made out of concrete.
Metal roof and siding here🙋🏼♀️ we live in the woods, so that's something we thought about as well. I heard a firefighter say one time, fire goes where water flows. That stuck with me.
Absolutely correct on everything you said. I used to have no neighbors nearby, and could burn my vegetable garden off in the fall: corn stalks, broccoli plants, squash vines, etc. Make a pile and burn it. Someone would probably turn me in now, but, come on! I'm burning stuff on plowed ground, on not-windy day, maybe there's even snow on the ground. My fire isn't going anywhere, and if it did, I have dirt to throw on it. All my buildings have metal roofs. I may have to move further out in the country - again...too many people here, 30 years later.
The dilemma is the insurance rates. Refinanced a property at 2%. Have the funds to pay it off, earning 4.7% in the bank. Makes sense to carry the mortgage as the interest on money in the bank pays the mortgage. I expect that sooner than later, the insurance rates will force me to pull the investment funds to pay off the mortgage and cancel the insurance. If enough people end up doing that, forget insurance companies going out of business, and it will be a banking crash. Bottom line: Best insurance/investment is #selfreliance. Stay safe 🤠
If you have a fireplace and when lighting it you get a backdraft of smoke here is a solution. Have a small propane torch handy and heat up the chimney. Then light your fire. Smoke will go straight up and out. 😊
I dropped my home/farm insurance a few years ago but am considering just getting liability insurance on the land as there is the consideration of stupid people that want to sue me for them doing something dumb. Everything is replaceable or fixable.
Termites will eat it. It is structurally weak, can’t be used below grade, absorbs water. Is expensive, unavailable to most, little known about it, to builders …. Moral of the story… nothing is perfect. But cool concept.
Insurance is one of the greatest schemes ever created and they never lose money. Insurance companies have cancelled accounts just before a disaster such as the case in LA now. It also has made Warren Buffet very rich.
My ex worked for a major insurance company. It was self-insured with billions of dollars invested and their wealth was growing at a phenomenal rate. They can fully cover a lot more than they do. If I had invested all of the insurance payments I have made in my lifetime, I could be fully self-insured with no deductibles. But if tragedy were to strike early in my lifetime, I would need the insurance company to cover a major loss. That’s how that works. I agree with what he is sayng in this video. You need to be a proactive property owner. If you determine that you can make something safer or if a better building material, technique or code comes along, you implement the changes when economically feasible. My father taught me when I was young that owning property was your second full-time job, and I have lived by that rule all my life. Also, doing the renovations yourself has two benefits. First, you are more physically active, which is a healthier lifestyle. Second, it brings the renovation cost way down, enabling you to save money and put it towards another renovation or hobby. You also need to monitor your property for changes. For deterioration due to exposure to the elements. Wind, sunlight, rain, ground movements, water table changes, etc. One issue we deal with a lot is that too many property owners work their day job and then come home from work and just plop down in front of a television in the afternoon or on weekends. They are effectively at greater risk of requiring insurance coverage. Which jacks up the insurance rates up for people like us. The other issue we must deal with is poor urban development. To many luxury homes are built on shorelines or in flood or fire zones which are exposed to really high risk of loss. And we are all covering a piece of those losses, which are guaranteed to occur.
There are bad actors in every walk of life. The vast majority are decent or that part of the performance would not get performed. Negativity like this video should be no more than a heads up that shit happens : keep your eyes open.
Interesting topic and a subject that has caused me many gray hairs and arguments with my insurance brokers. I have seen several metal glad buildings that turned into blast furnaces. The only way to prevent that is to limit your combustible materials stored inside. Another issue is that most people are forced by laws or banks to have insurance since they don’t own anything. I just went through a 40% increase last September on my insurance coverage with no claims against my insurance for years.
There are people out there that will do a controlled burn for a price. I live in an apartment, so I don't have any choice, I don't have your luxury. However, I still like to learn things, so I watch thx.
“I’ll give you 10 million examples” 😄 “I am scared to do it” …. cuts to “b”roll of setting grass on fire 😆 did you do it? So nice to hear rational thoughts. Thanks for sharing!
Worst part of insurance, is its Bank Required for mortgage. If thats not sussy then I dont know what is. Also Congrats on making it man, and good job on infrastructure, dang, I was design Eng for 10 years and your output is really impressive man.
Another firefighter said to have a water sprinkler on your roof to be able to turn on when there is a fire nearby. Then he also said to clog your gutters with a sponge so that water will collect in the gutters to help prevent fire spread. I thought that was clever. Another guy said to attach sprinkler heads to the outside of your house pointing out to the grass area if you have grass nearby. You guys being up north, probably have to drain the lines tho, but would still be there if need be🤷🏼♀️
You have just said what I have been thinking for many years of course it goes even farther if you work for a living at a paying job as they promote the same people to keep the failing system in place because it feeds the rich.
metal, metal, metal..... doesn't burn. Very true. I've watched a video from LA showing metal posts on the side of a road burning. Thanks for the video anyway.
A year and a half ago, I had an electrical fire. The water heater controller had failed and it caught fire. Sometimes, despite taking precautions, something happens. We never claimed anything because we just replaced the water heater and cleaned up everything ourselves.
Awesome content and gives me a lot to think about. Insurance is sky high, and it's sketchy if I should ever need to use it. It applies to my health insurance as well, lol.
Your plan makes so much sense. IMO the insurance companies in LA will get out of town. Those people are screwed. Insurance is mostly just a mental satisfaction and most of the time a mandatory scam rather than being a real deterrent. You're NOT in "good hands".
A son stole his mother's new car and couldn't negotiate our corner during the winter. He hit my wife's parked truck, catapulting her truck into mine. He was caught due to our security cameras. Not our fault whatsoever. One truck was written off and the other had 11k damage. Two years later I get a letter from AMA stating due to the accident our premiums are going up due to that accident. 😮 What?!
Did you know when a combine burns down insurance will pay out for that combine. If that combine burns down they will pay out and that will be the last. No insurance company as they work together will insure a third combine. We have had alot of combine fires but never burnt down a combine
I don't think corporations are to concerned about land management because they are about profit. Canola should be made illegal. People want cheap food and without cheap labor there is no cheap food. These fires are right bizarre and I've seen the craziest things with the Canadian fires in NE BC and it makes absolutely no sense why it happened. People need to understand that something very strange is going on and nobody is safe..
Where I live, car insurance went up 31%. No reason (no tickets, no accidents etc)except “The Company has always looked to maintain stable pricing for our Insurance Products, however due to inflationary pressures which has resulted in the increased costs of motor losses, the Company has had to look to manage our pricing, and in an effort to maintain the level of coverage provided and the financial stability necessary to respond to potential claims, we have had to increase our premiums respectively.”
I love this. You make me want to sell my 3 expensive stick built houses in fire prone areas in city burbs, and build an all metal and steel Barndominium in the countryside instead! Metal studs, metal lath with plaster instead of paper coated drywall. Self insured as I have the cash to be so. Though it bothers me a bit you talk about all metal construction while standing in front of some wood stick framing lol.
Why do you still have home insurance and what will it take for you to end it? For a mortgage? I also have mitigative strategies put in place so I'm asking myself the same questions.
Insurance is an important thing to have, but because everything is so abused and the premiums are so high, it’s pretty much not worth it. Still, what if? ✈️ could drop out of the sky on the house.
Hi again neighbour! Flooded basement I had here in Ab 3 years ago. Please send me your general location. Looking for some raw land to start afresh in a homesteading environment while considering amenities required for my wife and I as we are not spring chicks. Growing potato land? Near Ashley and Nate?
I read that the insurers in cali cut fire cover a month or three before the fires after making their own assessment that it was a liability to keep covering the area based on the actions of the state. It strikes me as insane that insurance companies are a for-profit entity, like that seems like it's a service that the state should be handling or you get what insurance companies are today. Yeah there would be mis-management as with everything the state puts it's hands on, but it just seems insane that it's a for-profit entity. Like talk about a conflict of interest.
my insurance went from $875 to $2800 over 15 years. a coworker told me they saved with TD insurace i switched over and i pay $1265.10 now it a different policy in afew ways but has up two million in replacement.
Has anyone notice that if you want to drive a vehicle in most places, you need insurance. Has anyone notice that if you barrow money, ( mortgage ) insurance is required. Insurance is so that society survives. Not the individual or an individual item o4 thing. You ever notice that wealthy people seek out ways not to pay for things ( they think ). For example: Driving an EV thinking they’d avoid road tax etc. People need people. You ever notice that”Self Reliance “ relies on society remaining healthy so they’d be able to be self reliant.
The issues you might have is protecting yourself against liability should someone get hurt on your property, dog bites someone, cow gets out and a vehicle hit's it, tornados and fire fighter expenses should you accidentally start a wildfire/grass fire that gets out of control and need to get the fire department involved.
Problem with insurance is you’re sharing the load with a bunch of morons. Wish there was an insurance company that the only way you could get in was with an iq test or a test on common sense.
Have you ever wondered why we think of selling a problem ( say a car ) to a moron in order to get rid of a problem? Why do we assume there’s that moron or desperate soul!
Your mind thinks exactly like mine and agree with you 10000000%. People who think this way however are intelligent, but the insurance need to cover themselves by the lowest common denominator (stupid people). It is just so much easier for the insurance companies to make one standard and apply to everyone. Sounds so much like socialism at its best!!!! Wish I could just stop paying these ridiculous rates, but I live in the suburbs surrounded by special people! Time to become a homesteader!!!!
I only like roxul insulation as it is environmentally friendly and fire resistant. Also easy to work with. Love your video's. Love your sarcasm. Everything you stated is true. I see many people use the insurance for minor issues. Some places in the country they no longer allowed to build basements because of the potential of water damage.
My question is, is there a way to escape “liability” insurance? I’d like to opt out of insurance but what to do If some asshat wants to sue because they came onto my property and hurt themselves?
No witnesses? 😃 just kidding. I thought about making every new farm customer sign a liability waiver form before being able to purchase eggs, milk, beef, pork, chicken, fish, fruit, vegetables, tinctures, etc. private membership type set up. No sales to public
I am also of like mind when building and I understand your focus on thr issue with fire, but I will play devils advocate,. There’s no ideal building material or method that can deal with most possibilities. Screws break and nails bend. Metal corrodes, condensates. Tornados / high winds explode from inside out more than push over on the outside. Termites and other issues can easily go unnoticed with all metal cladding. So there is a trade-off and a fine line between things that can damage property.
Insurance companies wouldn't go under if they banked the money in good years, instead of giving the ceo's and others huge bonuses. Wow, what a concept.🤔
i understand where you're coming from but,,,the elephant in the room is severe earthquakes,,metal ,wood ,,concrete it takes no prisoners,,,ive been there...including underground pipe work all trashed...
most insurance seems to be nothing more than legal extortion and is often required by laws. if more people looked at how much their insurance cost was over time they would realize they could replace what is insured in a few years......but no one saves money so that thought never occurs to them.
Try having a mortgage and not have insurance. I understand what you are saying about being self reliant but most people aren't buying property with cash.
Insurance is only for things you cannot afford to replace. For auto, I can get a better deal on a windshield/door/tailgate whatever, for less than the deductible on my insurance, so I never use it for anything less than a total loss. Where I am, they charge 10% extra for a wood stove. Forget about Oil Heat, one year the tank must be in the basement, then outdoors, then have a roof, then roof is bad, then needs a gravel catch-pit, then needs a concrete pad, then must be a Steel tank, now must be fiberglass.... and now, it needs to be secured to the ground with cheap $10 ratchet straps from Crappy T's.... UHG! you need to be a millionaire, living in a $1000 shack to be self insured. But you never discussed the Liability side of things... stupid people doing stupid things on your property, and somehow you are responsible. Also, make sure you have a quick shut-off from your well/water supply to your house (Mine is in the basement) and make sure it works at least once/year so you can quickly stop the water and drain the lines in a hurry if needed (Had a metal fitting on a toilet decide to spontaneously burst recently, the main shutoff helped save the bathroom!)
@@breezybre2670 Uhg... but, it is 0 Carbon emission, so of course it costs more... There is fire in the wood stove, there is fire in an Oil Furnace, there is fire in a Gas Furnace... but lets make the wood-burners pay more... because they can.
Excellent topic
I always thought it would be nice to build an underground house with maybe one floor partially above ground for ease of entry and garage use. Obviously this is difficult in a high water table area but you have massive savings on heating/cooling and it’s pretty much immune from weather effects.
Concrete doesn't burn, but gets all crumbly when heated unless covered up with fire brick or fire mortar. That's why you don't see fireplaces made out of concrete.
This is true. 👌
Metal roof and siding here🙋🏼♀️ we live in the woods, so that's something we thought about as well.
I heard a firefighter say one time, fire goes where water flows. That stuck with me.
This was a really excellent look at a looming issue
Absolutely correct on everything you said. I used to have no neighbors nearby, and could burn my vegetable garden off in the fall: corn stalks, broccoli plants, squash vines, etc. Make a pile and burn it. Someone would probably turn me in now, but, come on! I'm burning stuff on plowed ground, on not-windy day, maybe there's even snow on the ground. My fire isn't going anywhere, and if it did, I have dirt to throw on it. All my buildings have metal roofs. I may have to move further out in the country - again...too many people here, 30 years later.
The dilemma is the insurance rates.
Refinanced a property at 2%. Have the funds to pay it off, earning 4.7% in the bank. Makes sense to carry the mortgage as the interest on money in the bank pays the mortgage. I expect that sooner than later, the insurance rates will force me to pull the investment funds to pay off the mortgage and cancel the insurance.
If enough people end up doing that, forget insurance companies going out of business, and it will be a banking crash.
Bottom line: Best insurance/investment is #selfreliance.
Stay safe 🤠
One thing to consider. If your bank fails, you lose your deposit, but your mortgage can be sold to another bank.
If you have a fireplace and when lighting it you get a backdraft of smoke here is a solution. Have a small propane torch handy and heat up the chimney. Then light your fire. Smoke will go straight up and out. 😊
It’s called drafting.
We use a cardboard front cover, and a hair dryer to preheat the stove. 1 minute and light.
I dropped my home/farm insurance a few years ago but am considering just getting liability insurance on the land as there is the consideration of stupid people that want to sue me for them doing something dumb. Everything is replaceable or fixable.
I don't know why you pay for insurance - you are just going to fix everything yourself.
I know right?
Hempcrete doesn't burn, is a brilliant insulation material, it is breathable, antibacterial and anti fungal, critters and bugs won't eat it.
Termites will eat it. It is structurally weak, can’t be used below grade, absorbs water. Is expensive, unavailable to most, little known about it, to builders …. Moral of the story… nothing is perfect. But cool concept.
Water alarns are the best invention for water leaks. Put 1 wherever. Washing machine was our latest leak detected.
I like the way your brain works and thank you for the explanations
Insurance is one of the greatest schemes ever created and they never lose money. Insurance companies have cancelled accounts just before a disaster such as the case in LA now. It also has made Warren Buffet very rich.
My ex worked for a major insurance company. It was self-insured with billions of dollars invested and their wealth was growing at a phenomenal rate. They can fully cover a lot more than they do. If I had invested all of the insurance payments I have made in my lifetime, I could be fully self-insured with no deductibles. But if tragedy were to strike early in my lifetime, I would need the insurance company to cover a major loss. That’s how that works.
I agree with what he is sayng in this video. You need to be a proactive property owner. If you determine that you can make something safer or if a better building material, technique or code comes along, you implement the changes when economically feasible. My father taught me when I was young that owning property was your second full-time job, and I have lived by that rule all my life. Also, doing the renovations yourself has two benefits. First, you are more physically active, which is a healthier lifestyle. Second, it brings the renovation cost way down, enabling you to save money and put it towards another renovation or hobby.
You also need to monitor your property for changes. For deterioration due to exposure to the elements. Wind, sunlight, rain, ground movements, water table changes, etc.
One issue we deal with a lot is that too many property owners work their day job and then come home from work and just plop down in front of a television in the afternoon or on weekends. They are effectively at greater risk of requiring insurance coverage. Which jacks up the insurance rates up for people like us.
The other issue we must deal with is poor urban development. To many luxury homes are built on shorelines or in flood or fire zones which are exposed to really high risk of loss. And we are all covering a piece of those losses, which are guaranteed to occur.
There are bad actors in every walk of life. The vast majority are decent or that part of the performance would not get performed.
Negativity like this video should be no more than a heads up that shit happens : keep your eyes open.
Hi Dean man. Good to see another upload with real topics.
All the best to you and yours from me over on Scotland.
Interesting topic and a subject that has caused me many gray hairs and arguments with my insurance brokers.
I have seen several metal glad buildings that turned into blast furnaces. The only way to prevent that is to limit your combustible materials stored inside.
Another issue is that most people are forced by laws or banks to have insurance since they don’t own anything.
I just went through a 40% increase last September on my insurance coverage with no claims against my insurance for years.
There are people out there that will do a controlled burn for a price. I live in an apartment, so I don't have any choice, I don't have your luxury. However, I still like to learn things, so I watch thx.
“I’ll give you 10 million examples” 😄
“I am scared to do it” …. cuts to “b”roll of setting grass on fire 😆 did you do it?
So nice to hear rational thoughts. Thanks for sharing!
I did a few little patches after it was grazed down. 😎 It really needs a rip roaring fire to bring the pastures back to life.
Worst part of insurance, is its Bank Required for mortgage. If thats not sussy then I dont know what is. Also Congrats on making it man, and good job on infrastructure, dang, I was design Eng for 10 years and your output is really impressive man.
If you have a mortgage, it’s the banks house and they mandate YOU to protect THEIR asset. Sounds right.
Clean driving record and my insurance still went up $40 extra a month
Yep. Me too
Another firefighter said to have a water sprinkler on your roof to be able to turn on when there is a fire nearby. Then he also said to clog your gutters with a sponge so that water will collect in the gutters to help prevent fire spread. I thought that was clever.
Another guy said to attach sprinkler heads to the outside of your house pointing out to the grass area if you have grass nearby.
You guys being up north, probably have to drain the lines tho, but would still be there if need be🤷🏼♀️
Thank you for covering this.
Happy the refer chicken houses worked -- still hoping to do that.
You have just said what I have been thinking for many years of course it goes even farther if you work for a living at a paying job as they promote the same people to keep the failing system in place because it feeds the rich.
metal, metal, metal..... doesn't burn. Very true. I've watched a video from LA showing metal posts on the side of a road burning. Thanks for the video anyway.
Great thoughts
A year and a half ago, I had an electrical fire. The water heater controller had failed and it caught fire. Sometimes, despite taking precautions, something happens. We never claimed anything because we just replaced the water heater and cleaned up everything ourselves.
Do you agree that all that metal cladding, plus condensation and electricity would enjoy one another’s company.
thx for giving oxygen to the weary. blessed.
Awesome content and gives me a lot to think about. Insurance is sky high, and it's sketchy if I should ever need to use it. It applies to my health insurance as well, lol.
Right? Can pay for all the insurance in the world, then if you actually need to use it, there’ll be a clause somewhere where it won’t cover anything.
There’s cost to all things and all things have risk. DIY, can cost due to injury and wear and tear on your body. There is no ideal.
Great advice...Thanks! Useful for future use if I get enough $$ for a homestead.
I'm old, don't want all you have, but I'd like more than what I got.
Your plan makes so much sense. IMO the insurance companies in LA will get out of town. Those people are screwed. Insurance is mostly just a mental satisfaction and most of the time a mandatory scam rather than being a real deterrent. You're NOT in "good hands".
A son stole his mother's new car and couldn't negotiate our corner during the winter. He hit my wife's parked truck, catapulting her truck into mine. He was caught due to our security cameras. Not our fault whatsoever. One truck was written off and the other had 11k damage.
Two years later I get a letter from AMA stating due to the accident our premiums are going up due to that accident. 😮 What?!
Would you rather pay the repair bills and not get a little premium increase ??
(No free rides in life !!)
Did you know when a combine burns down insurance will pay out for that combine. If that combine burns down they will pay out and that will be the last. No insurance company as they work together will insure a third combine. We have had alot of combine fires but never burnt down a combine
Insurance, rewarding the idiots that would have died in the old days, while punishing hard working families that do things the right way. God Bless.
I don't think corporations are to concerned about land management because they are about profit. Canola should be made illegal. People want cheap food and without cheap labor there is no cheap food. These fires are right bizarre and I've seen the craziest things with the Canadian fires in NE BC and it makes absolutely no sense why it happened. People need to understand that something very strange is going on and nobody is safe..
Where I live, car insurance went up 31%. No reason (no tickets, no accidents etc)except “The Company has always looked to maintain stable pricing for our Insurance Products, however due to inflationary pressures which has resulted in the increased costs of motor losses, the Company has had to look to manage our pricing, and in an effort to maintain the level of coverage provided and the financial stability necessary to respond to potential claims, we have had to increase our premiums respectively.”
Brutal. When does it end?
Poplar trees are fast growing but also a short lifespan. Old limbs get fragile break and hit buildings
Excellent info, I agree with your analysis (only thing I didn’t catch is what you use for insulatio).
I love this. You make me want to sell my 3 expensive stick built houses in fire prone areas in city burbs, and build an all metal and steel Barndominium in the countryside instead! Metal studs, metal lath with plaster instead of paper coated drywall. Self insured as I have the cash to be so. Though it bothers me a bit you talk about all metal construction while standing in front of some wood stick framing lol.
Steel exterior studs transfer cold, so I prefer wood and protecting it. The insulation is the same with their construction. 👍
Been thinking this was coming for awhile now
Have you thought about metal framing and metal roof trusses for your external buildings? You can use fire resistant wall board where you need it.
Metal framed big buildings seem to be a great deal more expensive. And the insulation is the same as wood. I’m ok with wood and protecting it well. 👌
@@ArkopiaRUclips Understandable and realistically those buildings are relatively easy to replace if needed (at least compared to a house).
@@ArkopiaRUclipsdo you run the electrical wires on the outside of the walls so the possibility of rodents chewing the wiring is eliminated?
Best to keep rodents out of the walls of course. 👍
Can you imagine the hail storm noise ( not to mention dents ) … all those buildings would sound like a rock concert … cool!
Leaving in a lake with floating house maybe?😊
And trees a hundred feet away draw lightning a hundred feet away. And keep the tree bugs a hundred feet away.
So does metal. Since lighting meets a “ flare” jumping from earth.
Smoothie insurance 😅
I got two cases 👍🍀🤠
Why do you still have home insurance and what will it take for you to end it? For a mortgage? I also have mitigative strategies put in place so I'm asking myself the same questions.
Insurance is an important thing to have, but because everything is so abused and the premiums are so high, it’s pretty much not worth it. Still, what if? ✈️ could drop out of the sky on the house.
Hi again neighbour! Flooded basement I had here in Ab 3 years ago. Please send me your general location. Looking for some raw land to start afresh in a homesteading environment while considering amenities required for my wife and I as we are not spring chicks. Growing potato land? Near Ashley and Nate?
Our closest big city is Saskatoon. Decent people outside the city, homeschooling and self reliant people, homesteaders, etc, 👌
I read that the insurers in cali cut fire cover a month or three before the fires after making their own assessment that it was a liability to keep covering the area based on the actions of the state. It strikes me as insane that insurance companies are a for-profit entity, like that seems like it's a service that the state should be handling or you get what insurance companies are today. Yeah there would be mis-management as with everything the state puts it's hands on, but it just seems insane that it's a for-profit entity. Like talk about a conflict of interest.
my insurance went from $875 to $2800 over 15 years.
a coworker told me they saved with TD insurace
i switched over and i pay $1265.10 now
it a different policy in afew ways but has up two million in replacement.
Wow. I’m going to shop around more. 2m replacement for that price is great
you can get a quote online in about 10 minutes, its like 5 questions.
it might not be for everyone fyi probably a good one for you dean
up to if your property replacement value is that much
One can insure themselves into bankruptcy
And bankruptcies can recognize saving for the cost of living.
Has anyone notice that if you want to drive a vehicle in most places, you need insurance. Has anyone notice that if you barrow money, ( mortgage ) insurance is required. Insurance is so that society survives. Not the individual or an individual item o4 thing. You ever notice that wealthy people seek out ways not to pay for things ( they think ). For example: Driving an EV thinking they’d avoid road tax etc. People need people. You ever notice that”Self Reliance “ relies on society remaining healthy so they’d be able to be self reliant.
California use to have the biggest lake in the states. But in the early 1900s they diverted all the water away now it is entirely gone gee wtf.
Right. Then storm drains to the ocean on top of that giant freshwater lake gone.
The issues you might have is protecting yourself against liability should someone get hurt on your property, dog bites someone, cow gets out and a vehicle hit's it, tornados and fire fighter expenses should you accidentally start a wildfire/grass fire that gets out of control and need to get the fire department involved.
My plan! Get by with a little help from my insurance?
Problem with insurance is you’re sharing the load with a bunch of morons. Wish there was an insurance company that the only way you could get in was with an iq test or a test on common sense.
I think some little insurance companies started out with good intentions, but like everything it gets ruined.
Have you ever wondered why we think of selling a problem ( say a car ) to a moron in order to get rid of a problem? Why do we assume there’s that moron or desperate soul!
Or drivers licences
Your mind thinks exactly like mine and agree with you 10000000%. People who think this way however are intelligent, but the insurance need to cover themselves by the lowest common denominator (stupid people). It is just so much easier for the insurance companies to make one standard and apply to everyone. Sounds so much like socialism at its best!!!! Wish I could just stop paying these ridiculous rates, but I live in the suburbs surrounded by special people! Time to become a homesteader!!!!
Your biggest threat is not fire - it's snow. You could get 15 feet of snow - how is the load bearing strength of your roof.
When you insulatied did you use pink insulation or roxul insulation?
House Roxal, rigid wrapped as well, blow in cellulose attic. Ag buildings are being typically rigid in walls and blow-in attics.
I only like roxul insulation as it is environmentally friendly and fire resistant. Also easy to work with.
Love your video's.
Love your sarcasm.
Everything you stated is true. I see many people use the insurance for minor issues.
Some places in the country they no longer allowed to build basements because of the potential of water damage.
My question is, is there a way to escape “liability” insurance? I’d like to opt out of insurance but what to do If some asshat wants to sue because they came onto my property and hurt themselves?
No witnesses? 😃 just kidding. I thought about making every new farm customer sign a liability waiver form before being able to purchase eggs, milk, beef, pork, chicken, fish, fruit, vegetables, tinctures, etc. private membership type set up. No sales to public
@ yes I’d like to hear more on this topic and and outcomes of such. Proving due diligence is key.
Hello bub!
I am also of like mind when building and I understand your focus on thr issue with fire, but I will play devils advocate,. There’s no ideal building material or method that can deal with most possibilities. Screws break and nails bend. Metal corrodes, condensates. Tornados / high winds explode from inside out more than push over on the outside. Termites and other issues can easily go unnoticed with all metal cladding. So there is a trade-off and a fine line between things that can damage property.
Insurance companies wouldn't go under if they banked the money in good years, instead of giving the ceo's and others huge bonuses. Wow, what a concept.🤔
i understand where you're coming from but,,,the elephant in the room is severe earthquakes,,metal ,wood ,,concrete it takes no prisoners,,,ive been there...including underground pipe work all trashed...
Have lived / servived several kinds of storms, I have noticed what fails. Metal is first to fail.
shop tour when? or have you made one already i wanna see how this mans mind works when designed a shop
most insurance seems to be nothing more than legal extortion and is often required by laws. if more people looked at how much their insurance cost was over time they would realize they could replace what is insured in a few years......but no one saves money so that thought never occurs to them.
Slave Lake Kelowna
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Try having a mortgage and not have insurance. I understand what you are saying about being self reliant but most people aren't buying property with cash.
You must insure the banks asset that they purchased with currency printed from thin air. 👍
Make insurance so expensive, property taxes so expensive,
You will own nothing.
Get a good insurance agent.
That’s not going to help if your insurance premium is too high or the insurance company goes under.
Only so much they can do. If way more payouts, premiums have to rise
Holding a mortgage requires insurance doe it not?
Definately. Financers are zero risk lenders.@@mattfalco4996
Insurance is only for things you cannot afford to replace. For auto, I can get a better deal on a windshield/door/tailgate whatever, for less than the deductible on my insurance, so I never use it for anything less than a total loss. Where I am, they charge 10% extra for a wood stove. Forget about Oil Heat, one year the tank must be in the basement, then outdoors, then have a roof, then roof is bad, then needs a gravel catch-pit, then needs a concrete pad, then must be a Steel tank, now must be fiberglass.... and now, it needs to be secured to the ground with cheap $10 ratchet straps from Crappy T's.... UHG! you need to be a millionaire, living in a $1000 shack to be self insured. But you never discussed the Liability side of things... stupid people doing stupid things on your property, and somehow you are responsible. Also, make sure you have a quick shut-off from your well/water supply to your house (Mine is in the basement) and make sure it works at least once/year so you can quickly stop the water and drain the lines in a hurry if needed (Had a metal fitting on a toilet decide to spontaneously burst recently, the main shutoff helped save the bathroom!)
Didn’t even get into the liability stuff. I guess that’s why on pizza boxes it says “do not eat the box”. Go humanity. ✌️
We are at 25% extra for a wood stove.
@@breezybre2670 Uhg... but, it is 0 Carbon emission, so of course it costs more... There is fire in the wood stove, there is fire in an Oil Furnace, there is fire in a Gas Furnace... but lets make the wood-burners pay more... because they can.
Install fire suppressant systems? Then just insure main home perhaps.