We all remember the story of the Three Little Pigs and the Big Bad Wolf. The Big Bad Wolf seems to be coming to life these days as it is getting harder and harder to find insurance on “stick” buildings. We are finding it increasingly difficult to insure older frame structures. If you are planning on purchasing an older wood frame house or business, you may want to reconsider. The new catastrophe model following Hurricane Ike several years ago has led insurance companies to assume greater damage inland than before. This means, more and more, we in Columbia County will be affected by coastal wind restrictions and premium increases from insurance companies.
