Jeri DanskyJul 14, 2025

The home insurance woes I thought were behind me: Now the insurance company wants me to replace the outdoor electrical panel if it's from the same company as the indoor panel with the circuit breakers was. (And my electrician just looked at a picture and said it sure is.)

Electrician will be out on Friday to assess the job.

Replacing it is a good thing if it's a fire hazard; no complaints there. But why the insurance company didn't say a word about this when I was dealing with the indoor panel is a mystery. But at least this should be easier; no need to reposition the panel, no asbestos concerns.

#today #insurance

Show threadJon ShellJul 16, 2025

@jeridansky related
experience here in the NorthEast US - insurance quotes which used to focus on building materials (like what kind of roofing material) now include detailed questions on electrical.

Notably, whether we had panels known to be defective. There’s a make/model which was recalled but also widely installed in our area, which local electricians have never commented on, but was also well reported on in regional media.

Show threadJon Shell

@jeridansky My guess is that insurance companies will get deeper into specific risks as climate related losses grow. To avoid the appearance of simply abandoning entire markets (cf. Florida) they will focus more closely on disqualifying conditions that allow them to decline coverage.

Conditions like “known bad electrical panel” or “panel installed outdoors without sufficient weather protection” and so on.

Jul 16, 2025 at 12:49pmWeb
Show threadJon ShellJul 16, 2025

@jeridansky The actuarial data is probably a perfect match for AI: “identify and categorize losses in area X not specifically weather or water related, categorize according to difficulty of remediation”

… and voila, you have causes of loss that are difficult/expensive to remediate, for which the insurer could credibly cancel your coverage.
#ClimateChange #insurancecrisis