Talk of The Villages Florida - View Single Post - Sinkhole In Sabal Chase
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Old 06-13-2015, 06:47 AM
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Quote:
Originally Posted by outlaw View Post
I think there are about 50,000 homes in TV, now. Average lot size more like 4000 sf. And maybe the damage assessment is closer to $200,000. But in the final analysis, one would think that sinkhole liability would be very reasonable for an insurance company. I don't understand why it is so difficult to buy sinkhole insurance, either. I wonder why the residents, or the developer, haven't created a COOP to provide this insurance.
Raise some venture capital and I'm in