Quote:
Originally Posted by Cheryl Barrios
I am in the process of buying a home and have to provide insurance. I was just denied insurance by Progressive because of a sinkhole 0.2 miles from the home. I am totally unaware of any sinkholes in the Village of Sunset Pointe. I have contacted the realtor but it's too late to contact anyone else. Does anyone know of a sinkhole(s) or know about denial of insurance due to them? Now I'm lost on what to do.
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Insurance is not flexible the company does a risk analyses and decides what to charge for a given risk or perhaps to refuse to insure that risk.
Different companies may decide a different risk.
Simply stated, I would contact one of the insurance brokers in the villages. I am surprised your realtor does not know or know who will find an answer for you.