Talk of The Villages Florida - View Single Post - Where can I find out about the costs of living in the Villages?
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Old 02-14-2021, 08:19 PM
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Quote:
Originally Posted by Hifred View Post

I bought my homeowners insurance from State Farm because it covers sink holes at the standard deductible. All the other homeowner policies we looked at came with catastrophic ground collapse but had very large deductibles such as 10% of the policy. So if you had a problem you would pay $30,000 before the insurance would kick in. Our State Farm policy is $1200 a year on a $380,000 house.
Do you have the actual sinkhole coverage or the standard catastrophic ground collapse coverage ? I just got my bill from State Farm for this year and it went up $200.