El Nino is going to wipe some Calif dudes out

[Matt R.]

Being a surfer for decades I have followed the weather closely for decades. Before the internet I could look at satellite photos and tell you where the rain and waves were going to hit. So now there are some serious El Nino predictions officially coming in. We have been in a drought for so long that some dudes were able to dump some troubled properties without anyone knowing they were water drainage nightmares. If you bought one of those, I recommend lowering deductibles now and raising coverage to the limits! Based on the ocean temps I have been experiencing these past two seasons this is going to be a real big one. Personally, I would sell those now. You will be able to buy it back cheaper after the damage. Good luck this year and next.

[Hugh C.]

Matt,

As you posted it looks like scientists are pretty confident of a big El Nino storm coming for California this 2015-2016 winter.

But raising deductibles on common property insurance is not going to cover for flood related damages.  Beach area or low lying areas should consider flood insurance for this winter.  I would agree that if you know you have a water drainage issue with a particular property in the El Nino storm risk areas this is a good time to sell.  But I wouldn't buy a property in such a water risk area.