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<p>[QUOTE="coleguy, post: 1126207, member: 9167"]In CA there is no such thing as earthquake insurance. But, you're house is still covered. If your roof caves in because of an earthquake, it's covered just the same as if the wind blew a tree over and it crashed through your home. Still an act of God, and still covers damages.</p><p><br /></p><p>As far as Japan and it's economy on the global scale, I see no changes as of yet. About 40% of our shipping business comes from Japan and it hasn't shown any indicators of it slowing due to damage in infrastructure in industry. The larger ports are still functioning at least to some capacity, because ships are still showing to arrive and depart on time. Only one shipper has had to move operations to a Korean port that we deal with. </p><p><br /></p><p>Unfortunately this seems to mean that most of their tsunami protection was focused on protecting industry and trade and not on the people who live there. Guess thats typical of a money hungry economy, such as our own.</p><p>Guy[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 1126207, member: 9167"]In CA there is no such thing as earthquake insurance. But, you're house is still covered. If your roof caves in because of an earthquake, it's covered just the same as if the wind blew a tree over and it crashed through your home. Still an act of God, and still covers damages. As far as Japan and it's economy on the global scale, I see no changes as of yet. About 40% of our shipping business comes from Japan and it hasn't shown any indicators of it slowing due to damage in infrastructure in industry. The larger ports are still functioning at least to some capacity, because ships are still showing to arrive and depart on time. Only one shipper has had to move operations to a Korean port that we deal with. Unfortunately this seems to mean that most of their tsunami protection was focused on protecting industry and trade and not on the people who live there. Guess thats typical of a money hungry economy, such as our own. Guy[/QUOTE]
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