Quote:
Originally Posted by Maddie2009
Hi All, I am shopping around for home policy since the renew is higher and I didn't have a chance to compare and shop when I got American Integrity.
An All State agent found Safe Harbor in Gainesville,Fl who will cover my house with 1 year old roof and wind mitigation report to include sinkhole. Deductible for sinkhole is 10% of dwelling, hurricane is $500, other deductible is $1000 for a ranch home for $645. Yes, this is not the catastrophic collapse, but sinkhole.
I heard it's not easy to find sinkhole coverage. I also like hurricane deductible only $500 v.s. 2% of dwelling.
The question is if the company is good, financially sound. They are rated by the same people who rate American Integrity (i currently have). Anyone knows about this company or have a policy with them?
Any comments, opinions and or advice/warning? Thanks
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Some companies will only give you coverage if they do an inspection on a pre-owned home. Sometimes you don't pass the inspection until after you have written the new policy and dropped the old policy. Then it is too late to get back your ASI sinkhole coverage. Ask your agent the percentage of homes that pass the sinkhole inspections. If it is a relatively new home it might be possible but on an older home worth checking. I used to do insurance quotes for Allstate and this issue came up a lot.