Just make certain you know specifically what kind of sinkhole coverage you are getting. ALL policies in Florida must offer "Catestrophic" sinkhole coverage and the premium and deductible are very reasonable. THis insurance kicks in when your house or portions of it, are swallowed by a hole in the ground and your house is declared unsafe or unfit to live in by a county government official.
Its the "Gradual Sinkhole" coverage which is most expensive with a 10% deductible, if you can even get this insurance.....that is where cracks in foundations or walls occur due to "sinkhole activity".
There has been alot of discussion about the different types of sinkhole insurance coverage on TOTV.
|