Quote:
Originally Posted by rjm1cc
Check your broker but I think Fl requires that if a sink hole makes your home uninhabitable it is covered by your homeowners insurance without any additional premium. If the sink hole is in your yard it is your problem and you can add a rider to your policy to cover this. My guess is that sink holes happen close to ponds so you might investigate this also.
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All Florida insurance policies must cover catastrophic ground collapse that will cover damage to your house only if the house is condemned and deemed uninhabitable by the local government. You can buy an optional rider that is called "sinkhole" coverage. Sinkhole insurance will cover damage to your house even if it is not condemned. However, the sinkhole rider will only cover damage to your house. It will not cover any damage to your yard, driveway, sidewalks, fences, or anything else that is not part of your house. I have sinkhole coverage, and that is what my policy says. The typical sinkhole rider does not cover damage that a sinkhole causes in your yard, unless the damage is to the primary structure, which is your house.