Quote:
Originally Posted by justjim
If this is true, it "hurts" our real estate values here in TV. However, everything being equal, if the home was previously insured for sink hole coverage it would be reasonable for it to be insured for sink hole coverage when the property is sold to another party. A different owner should not change the underwriting risk for the insurance company.
|
Exactly, this house is less than 1 year old and had sink hole coverage by the original owners. Now I;m ready to close on the 17 of May and can't get coverage, Something smells