Thread: Lower Sales
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Old 03-31-2015, 08:44 PM
Spikearoni Spikearoni is offline
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Catastrophic insurance on a preowned home does not cover all the bases if a sinkhole develops. We were told by an insurance agent in TV that SPECIFIC sinkhole insurance offered on new properties is more extensive in coverage than catastrophic, especially in cases where the house is not totally in ruins. IMHO, I believe that catastrophic insurance for total peace of mind regarding sinkholes, is not the way to go. The best course of action is to check with your insurer.