Talk of The Villages Florida - View Single Post - Catastrophic ground collapse
Thread: Catastrophic ground collapse
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Old 06-22-2012, 04:35 PM
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Opulence Opulence is offline
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Quote:
Originally Posted by asianthree View Post
If it happens to your home you either live there or try to sell and let new buyers know. Hard question, cause you don't have a choice, would i buy if i know no, i think the insurance would kill you
If I am not mistaken, all homes within a certain radius where Catastrophic ground collapse has occurred, are "red flagged" by the insurance companies. Not sure if the surrounding homes rates go up as well, but the "area" is flagged nontheless. Perhaps someone here can shed a bit more light on this matter.



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Last edited by Opulence; 06-22-2012 at 06:23 PM. Reason: typo