Talk of The Villages Florida - View Single Post - Potential buyer with sinkhole suggestion
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Old 06-28-2012, 07:49 PM
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Quote:
Originally Posted by plantagenet View Post
I am impressed with your "well-oiled " machine concept but a little put off by the sinkhole boogie man. We have similar issues in the NE., but are not well oiled here. Since TV collects an activities fee and puts it to good use, would it not be feasible to collect a modest sinkhole fee based on square footage and use this as collective self - insurance for
damage that is not covered by the homeowners catastrophic clause? It doesn't seem that fraudulent claims should be an issue with you guys.
Hi Plantagenet,
Welcome to TOTV! This is an interesting idea, but don't really see the need as sinkhole coverage is available through our homeowners insurance.
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