[villages07]

chacha..... Sinkhole protection is contained in homeowner's policies, but, everyone should check to make sure they are covered.

I have Traveler's Insurance through The Villages Insurance company. Initially, sinkhole coverage was a standard protection subject to the 'all perils' deductible I chose. Last year, Travelers pulled this out of its base policy and made it an add-on protection. Cost was about $100 BUT the deductible is 10% of the value your dwelling is insured for. So, for a $250K dwelling (house only, not the land), you would pay the first $25K in sinkhole repairs out of pocket before insurance kicks in. That's a lot of exposure.

Other insurance carriers have a more reasonable $500 or $1,000 deductible for sinkhole claims.

As others have noted, the chance of you suffering sinkhole damage to your dwelling or land is very small, but, repairs are very costly.

As to who pays for repairs on public roads or in Villages common areas... I imagine the county pays for the roads and the CDD (is this insured???) pays for common areas.