Because of the catastrophe, your attorney (if you have one) should communicate that the deal is on pause because of what happened.  

Overall, the insurance carriers need to make sure they are still bringing in enough money to be able to pay for these huge catastrophic claims that are happening more and more frequently.”

And I still have the property in the event of some type of financial catastrophe.  

Seen some minor ups and downs but my area is very blue collar and the recession proved to be a small blip and not catastrophic like some other areas.

The $30K cap expense item is costly but with $2100 month cash over fixed payment the recovery time is not catastrophic to the long term cash flow. 

Need catastrophic coverage in case of unforseen medical emergency...Just under $4,000 per year for absolutely nothing..

The only time the umbrella policy wouldn't cover you is a catastrophic accident that you are judged to be liable for such as driving drunk and killing a brain surgeon.

The asking price has since dropped to $65,000.Hurricane ******* damaged the detached garage apartment, and while that unit does sport a new roof as a result of that catastrophe, no repairs were made to the interior.

I know I need to have it inspected so I know what I'm getting into in case of leaks or other catastrophic issues.   

However, another company quote the rebuild cost to be around $140k.I don't care or need to have $140k to rebuild my house, but I do want my investment back if something catastrophic happens.