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Old 03-07-2013, 01:30 PM
spuds51 spuds51 is offline
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Default Insurance ?

Quote:
Originally Posted by graciegirl View Post
There are some sinkholes happening here randomly and usually after the great and frequent rains in the summer.

You cannot buy a new home using VA or FHA but you can buy a used home using VA and FHA. Sometimes Hurricane winds will reach the center part of Florida and we have had tornadoes touch down and do damage.

There are a lot of old people living here too.

I don't want anyone to be surprised or blame anyone for not telling them.

I am sort of being a smart aleck, but I am kinda sincere too.

Welcome to you. You will love it here and as Barefoot said in her quote.

"It IS always something.
Yes it is always something and although I wouldn't go to bed worrying about sink holes it is a concern. I don't worry about my house burning down or being flooded either but I have insurance for both.
I read in another post that one person believed you can no longer get sink hole coverage. That existing policy holders can keep it but new home owners in Florida can not get it.
I would like to know from someone in "the know" if this is indeed the case. I see you are from Ohio. I too am a Buckeye and my wife and I are seriously considering moving to TV. Before I sell out and SINK everything I have into a house there it would be nice to know.