Quote:
Originally Posted by retiredguy123
Note that sinkhole insurance will only cover damage to your house. It will not cover damage to your yard, driveway, sidewalk, pool, or anything else outside the perimeter of your house. So, if there is a 10 foot hole in your driveway, but your house foundation is not damaged, you are not covered by either sinkhole or catastrophic ground collapse insurance.
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Also, there is a 10% deductible. So if your home is worth $400,000, there is a $40,000 deductible.