Talk of The Villages Florida - View Single Post - Sinkhole near Cane Garden
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Old 03-03-2012, 09:24 AM
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Quote:
Originally Posted by shcisamax View Post
I don't know if this is completely out of the question but it doesn't seem there is THAT great of an incidence in TV of sinkholes. That said, when it happens to you, it is devastating. And everyone wants the peace of mind of coverage. Is there any sort of mechanism that TV could put in place where The Villagers, themselves, contribute to a fund which would cover in the event of a sinkhole. There are how many homes? 40,000? and if everyone contributed $100 a year, that would be $4,000,000. Certainly enough to handle rebuilding 10 homes at $400,000 apiece which is probably on the high side? I am just playing with figures and really have no idea how many homes are there or what the average cost is but it just seemed ridiculous that insurance companies make us all nuts and maybe we can self insure.
This is one of the most ingenious ideas I've heard in a long time... wow!