Just remember in checking with insurance companies that "Catastrophic Ground Cover Collapse", which every Florida homeowners policy should have, is different than "Sinkhole loss". In this senario there typically is a visible ground depression and the structure is condemed or ordered to be vacated by the county. Deductible is normally the same as your "all other perils" portion of your policy.
Sinkhole loss is the "gradual" settlement or weakening of the earth supporting your property...common indicators are cracking of the foundation or walls, doors and windows not opening properly. Some insurance companies are writing this coverage BUT it may come with a deductible as high as 10%....so on a $250,000 you would potentially be faced with a $25,000 bill if something devastating would happen.
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