Quote:
Originally Posted by janmcn
The big difference is most people can buy insurance to protect themselves against natural disasters, such as earthquakes, hurricanes, floods, etc.
In the case of sinkholes, insurance is very limited and even if you can buy it, the deductable can run several thousand dollars depending on the value of your property.
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But do remember, that is NOT just in TV. The insurance change in sinkholes is all of Florida. And is recent,the lack of complete coverage, most have catastrophic coverage for sinkholes. Every place has it's dangers. There have been more homes devastated by lightning here in TV than by sinkholes in the last ten years. I am really more concerned with losing my property to a lightning strike than sinking into the ground. But not too concerned with either.