Quote:
Originally Posted by glgene
Don't quite understand why "new" homes would still qualify for sinkhole ins. coverage, but not "resales." What is the logic for different treatment? I would think new homes would be more vulnerable...but I'm not an expert <g>.
Gene
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Maybe the developer has some influence over the number and age of the homes that will be covered. I wouldn't get too comfortable thinking my new home would continue to be insured beyond the first year or two. When you move in, it is no longer "new", it is preowned.