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Originally Posted by ridge
Checking on home insurance with independent agent. I asked about sinkhole insurance and agent said companies are not offering it on new policies. Has anyone else be told the same?
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We just purchased sinkhole and CGCC on March 5th of this year from Villages Insurance.
Make sure you are talking about the same coverages. I really went down a rabbit hole on this in February as we prepared for the new home (new build).
There is Sinkhole Coverage and Catastrophic Ground Collapse Coverage (CGCC). We got both. The Sinkhole Coverage was an extra $800 per year. I just looked at it like a burglary alarm for the house. If I pay $800 per year for a home security system I don't feel cheated in a year because nobody broke into my house. It's $800 for peace-of-mind. Expensive for sure.
https://www.myfloridacfo.com/docs-sf...rsn=a4c83969_4