Tag: 1000 year flood

Sold your Car? Keep or Cancel Your Car Insurance?

A client of mine sent me an email over the weekend letting me know he’d sold his car and had not replaced it yet. Since he’s engaged, he’s sharing his fiancé’s car until he replaces the sold one in the next couple of weeks. He asked an excellent question I run into from time to time; should he cancel his car insurance until he buys a replacement?

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Lessons from the Colorado Floods

The rain started falling in Colorado on Wednesday, September 11th. It rained, and rained, and continued to rain over the next several days. The rain on the 12th was particularly heavy when 4 to 6 inches of rain fell in less than a 12 hour period. In some places over 15 inches of rain fell during the multi-day storm. The creeks and streams rose and rivers overflowed their banks. According to the Colorado Division of Water Resources, water in many of the rivers and creeks had flows of over 1,000% than normal levels at the height of the flooding.

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