Talk of The Villages Florida - View Single Post - Sink Hole insurance denied to re-sale buyers
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Old 04-11-2013, 09:05 PM
thomas47 thomas47 is offline
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Quote:
Originally Posted by GatorFan View Post
Part of catastrophic ground collapse does state your home has to be condemned. That simply means the county will require you move till repairs are made and home is safe to occupy. The same applies if you have a fire at your home and the county condemns your property due to electric damage and home is not safe to live in till repairs are made. Another way to look at difference is that catastrophic ground collage is visable and sinkholes are not. Catastrophic is included in all property policies in Florida by law with the same deductible as fire, lightning, etc.
This is the clarification I was looking for. Thank you neighbor