Quote:
Originally Posted by OpusX1
I think that would be considered a catastrophic ground collapse so it would be covered by normal property insurance.
|
I would seriously question any insurance company that attempted to deny coverage for this loss.
As a sidebar the Tampa area was the impetuous for the the flurry of insurance changes on sink holes. According to reports the people in that area were filing untold number of sink hole claims that amounted to be the usual cracks found in concrete slabs. You probably have some in your home. Some of the Tampa residents filed their claims were paid and never effected repairs
so insurers in Florida re-wrote the sink hole c overages and based on your premium you accepted sink hole coverage or catastrophic sink hole coverage. the aforementioned loss fits the catastrophic definition