[ricthemic]

Originally Posted by spuds51

[what you are describing sounds like catastrophic ground collapse coverage which all homeowners have. Sinkhole coverage is a separate coverage and is very hard to get anymore. Your house has to be condemned before you can collect on catastrophic coverage.
It depends on where you live. If there has been any sinkhole activity, in so much distance, they won't write a sinkhole policy. I forget how far it has to be. Even then, your house has to be inspected and show no signs of foundation problems. Many people that have lived here for a long time still have sinkhole coverage. Most new residents can't get it.
If you have sinkhole coverage, and you have a sinkhole anywhere on your property, they will fix it but there is usually a large deductible.

As much as i love tv.... I don't think our houses in florida have foundations.




Quote=bagboy;1440625]check with your agent. It's my understanding that sinkhole insurance will only cover you if your home is affected and deemed inhabitable. With a sinkhole on your property that doesn't affect your home, you're on your own for the cost of repairs. We have sinkhole insurance with a ten percent deductible.

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