Talk of The Villages Florida - View Single Post - Sinkhole Insurance?
View Single Post
 
Old 05-30-2024, 10:54 AM
JGVillages JGVillages is offline
Gold member
Join Date: May 2014
Location: TV Calumet Grove
Posts: 1,208
Thanks: 78
Thanked 897 Times in 222 Posts
Default

Quote:
Originally Posted by retiredguy123 View Post
Yes, it is. All Florida policies will include, by law, "catastrophic ground collapse" coverage, that will cover sinkhole damage only if the house is damaged and declared uninhabitable and condemned by the local government. But, "sinkhole" coverage will cover damage caused by a sinkhole where there may be only minor damage to the house, but the house is not condemned.
The additional coverage can be hard to find as most insurers will not offer it. Considerable $$$ damage can be done without the house being uninhabitable, so as with most insurance add ons it’s what you feel is necessary. The Villages Insurance has navigated me to and through numerous insurers as needed throughout the 18+ years here.