May 1, 2017|Nova Leyva|Big Island: Weather and Nature
The East Coast is noted for its hurricanes, the Midwest for twisters and lightning storms and the West Coast for earthquakes. But here in the southernmost section of the US, we have our occasional lava flow—spectacular to behold but deserving of respect and preparation.
In late 2014, as the “June 27” lava flow approached Lower Puna, questions about insurance coverage and having a safety net were at the top of residents’ minds. The most-asked question then was “will my insurance cover the loss of my home if lava reaches my property?”
By June 2015, the ban on new insurance policies for Lower Puna (aka, “the moratorium”) was lifted. In June 2016, Hawaii said “RIP” to the “June 27” flow.
Lava Insurance and VA Loans
Recently, new attention has been brought to the question of “lava insurance” because VA loans have become an option for financing a home purchase in Lava Zone 1 and 2—if you can acquire a "Lava Insurance... Read More
Tagshomeowner's insurance, lava insurance