[Cassie325]

Originally Posted by downeaster

A few years ago their was considerable activity in Vila St. Simon that would indicate sink hole problems. Numerous concrete trucks coming and going and concrete pumps with high pressure hoses leading to driveways and back yards. Some streets were closed. Vila St. Simon is surrounded by a golf course but it included properties in the interior.
Sink hole problems are not only a Villages problem. They are a Central Florida problem. They are exacerbated by excavating the top layers to provide for retention/detention ponds and hills and valleys to make the golf courses less boring. We sit on limestone deposits. When the water table gets too low and top layers of soil have been skimmed off, it permits seepage to accelerate and pretty soon it's like taking the plug out of the bath tub.
Sink holes are a risk that can be insured against. It is an individual decision. However, if your agent recommends it, consider it thoughtfully. Don't assume he/she is jacking up the premium to increase his/her commission. I'll bet the agent has sink hole coverage. I certainly do.

I agree!!! Just so you know....none of the agents at Sumter-Marion Insurance nor the agents from The Villages Insurance work on commission. They are salaried only. This was done specifically to re-assure the client that the policy is quoted with only the best interest of the client in mind.

Travellers insurance was the only company that wrote a policy with a 10% deductable for sink hole. Any new owners will not get that as Travellers is no longer writing new policies.

Sinkholes are all over Florida....and they are not something that are advertised freely in the villages. I don't know an agent in town that would advise you not to get coverage.