Talk of The Villages Florida - View Single Post - Sink hole insurance
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Old 08-06-2012, 08:45 AM
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Quote:
Originally Posted by glgene View Post
Jimbo, are you saying an addt'l $700 a year for sinkhole insurance? In reference to your "all in," what does that mean? Only new construction is eligible for coverage? (I would think existing insurance holders would be grand-fathered.)
But for someone buying a pre-owned home today, are they simply... $hit out of luck?

Gene
No not addt'l total of $700 w full sinkhole on new builds.

Not available I was told by 3 brokers on re-sales.

So it appears to me that yes SOL on pre-owned.
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