We have Progressive through The Villages Insurance Agency. I spoke to them recently about adding sinkhole coverage. This is what I was told: Our policy covers catastrophic coverage (i.e., a sinkhole opens up on or near our property and our house is uninhabitable). Specific sinkhole coverage is for more gradual things that are caused by a nearby sinkhole (cracks in walls or foundation, doors that now won't close because of shifting of the ground). That coverage can only be added once a year at policy renewal time because a complete home inspection must be done before the coverage is added (with a fee that will be paid by us). As a prior poster said, it's something like $800 a year. We plan to get it when our policy renews.
|