Deductible now included on renewed insurance
I was lucky enough to get sink hole insurance from The Villages Insurance Agency. That was 2 years ago and a small deductible would be applied if an incident were to take place. This year as I examine the new policy, we still have the insurance but a new deductible is calculated. There is a 10% deductible for sinkhole damage based upon the value of the home. If your insurance covers you for a 250,000 home your deductible would be 25,000 before insurance kicks in.
Policy through ARK.
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