[Cantwaittoarrive]

Originally Posted by Villager Dude

I know it has been difficult to get or maintain sinkhole coverage in TV. I did read somewhere that the State of Florida requires that Sinkhole coverage be available. Does anyone know about this ?

Thanks

Originally Posted by sueandskip

It is called catastrophic ground collapse.....

All home insurance policies in Florida contain catastrophic ground collapse coverage which is NOT the same a sinkhole coverage. One of the requirements for a valid claim under catastrophic ground collapse is the home must be condemned you can Google it to get all of the requirements for a valid claim. Sinkhole coverage must be offered by home insurance companies that insure in the state of Florida but the key word is offered, it doesn't mean that it must be offered to every home that is insured, insurance companies do an inspection of the residence and also have other key things they look at for example the proximity of any known sinkholes in the area. The sinkhole coverage if you get it contains at least a 10% deductible (10% of the value of the home, so a $200,000 house has a $20,000 deductible) and covers damage caused by a sinkhole like cracks in the foundation, walls, windows or doors that won't open plus other cost to repair and support the home. If you Google both coverage's you will get a better idea of what the requirements and coverage's contain.