We just had our Home Loss File System volunteer meeting. We are now exploring the idea of building this as an app. If you are interested in contributing to this, please reach out to me here or via email: homelossfilesystem@gmail.com
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Home Loss File System
41–50 of 113 posts
Re: Home Loss File System
#42Great advice, especially in the second tab (how to deal with insurers). I've always considered insurance false-economy and avoided it wherever possible, especially for events with losses For example, if my flight were cancelled, I might lose $1000. But all the hassle signing up for, monitoring (to ensure conditions don't change significantly in the insurer's favour; often conveyed by an email to a spam folder), and g…
> For example, if my flight were cancelled
There has been a flurry of services in the EU that handle these things for you, if you are impacted. It's usually as simple as 1 form + a pic of a boarding pass, wait ~3 months and get ~70% of the money into your account. Exactly as low effort as needed to make it both useful and (one would hope) incentivise the airlines to sort it out in a better way for the client (i.e. rebooking, vouchers, etc).
Re: Home Loss File System
#43Great advice, especially in the second tab (how to deal with insurers). I've always considered insurance false-economy and avoided it wherever possible, especially for events with losses For example, if my flight were cancelled, I might lose $1000. But all the hassle signing up for, monitoring (to ensure conditions don't change significantly in the insurer's favour; often conveyed by an email to a spam folder), and g…
Yeah, I no longer bother with insurance but that which is legally mandated. I honestly wish I didn’t have to insure my vehicles either, as the policies are just hopeless.
For instance, our home flooded to the roofline and our car was washed away to god knows where five years back. Home insurance covers floods - but not floods caused by rivers. Car insurance covers floods - but only if parked on public land, and again excludes rivers.
Two years ago we had a wildfire. Luckily, the houses did not burn, but all of our infrastructure - tanks, solar panels, electrical wiring, etc. - and our truck, did.
Again, our home insurer informed us that they could only provide coverage in the event of total loss. Damage or partial loss, not our problem. The truck insurer informed us that the policy only covers fires which originate within the vehicle.
It’s a grift. Every probable event is excluded in one way or another, and only highly unlikely sets of circumstances remain, like your vehicle spontaneously combusting on a rainy day, or your stone home burning down to the foundations.
Re: Home Loss File System
#44We just had our Home Loss File System volunteer meeting. We are now exploring the idea of building this as an app. If you are interested in contributing to this, please reach out to me here or via email: homelossfilesystem@gmail.com
Please take into account that this list is not final and may vary : some people may need to enter additional info. With a spreadsheet, this remains easy to do (you are in full control of the document and can add sheets, columns, rows as you wish), but with a webapp, it's possible only if the webapp has the feature to allow adding custom info.
Then, also essential (if not already there) , is adding or mentioning a way to retrieve /store /note down all credentials for websites, bank apps, ID card, ID/auth/esign apps... For example encouraging the use of a Keepass file, even if new, just to note down all remembered credentials.
Re: Home Loss File System
#45Great advice, especially in the second tab (how to deal with insurers). I've always considered insurance false-economy and avoided it wherever possible, especially for events with losses For example, if my flight were cancelled, I might lose $1000. But all the hassle signing up for, monitoring (to ensure conditions don't change significantly in the insurer's favour; often conveyed by an email to a spam folder), and g…
Insurance can actually be a win-win if you keep your money sitting anywhere else other than a literal piggy bank.
Basically, it takes just as much time for your investments to go from 10,000 USD to 50,000 USD as it does for 50,000 USD to go to 250,000 USD. So a setback of 5,000 USD has a disproportionate impact on your future financials the less money you start off with.
In other words, if your total wealth is low enough, the premiums can set you back much less than the expected loss from the insured event, and at the same time make insurance companies a profit.
I'm still learning about this stuff, but here's an article that breaks it down in more detail and more clearly than I have: https://entropicthoughts.com/when-is-insurance-worth-it
Said article has apparently popped up on HN a few times: https://news.ycombinator.com/item?id=26834333
Re: Home Loss File System
#46Great advice, especially in the second tab (how to deal with insurers). I've always considered insurance false-economy and avoided it wherever possible, especially for events with losses For example, if my flight were cancelled, I might lose $1000. But all the hassle signing up for, monitoring (to ensure conditions don't change significantly in the insurer's favour; often conveyed by an email to a spam folder), and g…
Insurance can actually be a win-win if you keep your money sitting anywhere else other than a literal piggy bank. Basically, it takes just as much time for your investments to go from 10,000 USD to 50,000 USD as it does for 50,000 USD to go to 250,000 USD. So a setback of 5,000 USD has a disproportionate impact on your future financials the less money you start off with. In other words, if your total wealth is low en…
In general it's worth it if a) you can't afford to replace the item in question (and the Kelly criterion gives you a precise definition of 'afford' if you really want to model it out), or b) you think the risk of losing the item is higher than the insurance company does (which is rare outside of cases of outright fraud, but might happen)
Re: Home Loss File System
#47Re: Home Loss File System
#48This is perhaps only a problem with the niche HN user base, but “Filing System” would be more accurate. Thought this had to do with damaged hard disk recovery or redundant file systems or something technical like that.
It really sounded to me like some grim project where you store your data by destroying houses!
Relatively quick to write but expensive to reset the blocks.
Re: Home Loss File System
#49What? "Home Loss File System"? There is a new file sytem? And it's lossy? How isthat supposed to work!? click ... Ooooooh