What some companies are during in Florida are raising the deductible for Sinkhole loss defined as "Gradual settlement or weakening of earth supporting your property or better known as Sinkhole activity" to 10% of your property insured value. So if we thought hurricane insurance had a high deductible at 2%...10% of a $300,000 home insured for $250,000 (no land value) is $25,000 out of your pocket before the insurance company starts to pay out.
Catastrophic Ground collapse typically will remain at whatever your "All Other Perils deductible is probbaly either $500 or $1000.
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