Our insurance is with AAA South. To get sinkhole coverage with a $500 deductible, we had to accept the 2% deductible for hurricane damage; and all other deductibles—including that for sinkhole—are $500. We were grandfathered into these rates, which leaves us feeling we have no choice in terms of considering a change in company or agent. After all the hype about Hurricane Irma, we had absolutely no damage and hence no claim. Gratefully!
I would guess that companies all over the state who from their point of view are stuck with this grandfathering are lobbying the state to be permitted to eliminate grandfathering. If this eventually succeeds, then presumably we start from scratch. Meantime, our policy covers homeowners, auto, liability, and golf cart—one package for all coverages, that is, one large premium paid in full each year. The premium package isn't outrageously costly, but as mentioned, we can't consider a change in insurance coverage which would necessarily eliminate sinkhole coverage at worse or change it to 10% of total coverage at best.
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