Talk of The Villages Florida - View Single Post - Sink Hole insurance denied to re-sale buyers
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Old 04-12-2013, 07:37 AM
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Quote:
Originally Posted by Cantwaittoarrive View Post
This is not new has been going on since the Florida legislature changed the law. Also keep in mind insurance companies are in business to make money not to insure people and pay out claims. The way they make money is by insuring risk and if the risk is too high they won't insure unless forced too by law. I think the change in the law is already effecting resale to some degree, I know two people that decided not to by in TV because of this issue

You meant in Florida? Why would they just bypass The Villages for such a wide spread issue? The sinkhole alley is in the the western central part. I will google a map of sinkholes in Florida.
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