[KEVIN & JOSIE]

Originally Posted by kathy and al

I just got off the phone with my insurance agent because I was curious about Jimbo2012's comment that sinkhole insurance was not available for preowned homes. I was told, as Jimbo2012 mentions, that sinkhole coverage is now next to impossible to get in the Villages for preowned homes although the Catastrophic coverage continues to be offered. I personally have the sink hole coverage in my current policy but the agent advises me that come renewal (1/1/13) that coverage will not be offered any longer. He advises that there are a handful of companies that are still offering the coverage but sees them also eliminating sink hole in the near future.
Could be that it will be impossible to cover for sinkhole in the future and he concluded that "fraudulent claims" were the catalyst for dropping this coverage by most insurance companies. We'll have to see what happens but at this point in time I guess everything is on a strictly individual basis.

If it is no longer available, what is an owner to do if they have damage to their home, but can't afford the high out of pocket costs to repair?