I'm retired (you can read that as lazy) so my figures are approximate. I have not tried to find my policy to give you exact numbers.
1. Homeowners insurance never includes flood insurance. That being said, it does cover water damage (caused by wind damage). If my roof started leaking so during a storm, or perhaps a window broke, the water damage is covered. If water backed up due to malfunctioning storm drains, that would not be covered!
2. I have full replacement cost coverage.
3. My villa ~$300,000. My premiums ~$1,000/year
4. Does include sinkhole coverage!
I am insured by Travelers.
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