Quote:
Originally Posted by vinnie
The rules have changed and now there are 2 parts to sinkhole coverage
Catastrophic which everyone has and that covers everyone...$1000 deductible
The other is optional sinkhole coverage that adds $350 to my insurance premium and has a 10% deductible.
I do not mind paying for insurance but now my bill is increasing from $895 to $1200. I would like an expert opinion on whether this is something that I can forgo since risk of sinkhole is minimal.
Some people are buying it and others are not,
I live on Lopez Golf course and am not familiar with the risk of sinkholes in Chatham.
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Some info for you. A search may reveal other threads talking about sinkholes on the Lopez golf course.
Sinkhole