Hard to get covered
You may be able to get sink hole ins, on a brand new home but on my 6 year home I inquired with Geico ( my carrier) and another company, and was told it is very hard to get. You have to pay for an inspector to check your home and the area and homes around it. If there are any settling cracks ( my home is block and stucco) you will be declined and still have to pay the inspection fee. I told the agent that I have some small settling cracks in the garage floor and a few on the exterior block walls........he said no way they would insure.
If you check with TV building and warrantee dept. they will tell you this is normal and of no concern. So the moral is to get it on a new home and and never let it laps!
If any one knows of an insurance company that writes a homeowners policy with out trying to deny you let me know.
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