Quote:
Originally Posted by rn1tv
billethkid, The first 5+ years I lived here, I heard very little about sinkholes too. It wasn't until a huge hole appeared in my front yard and, after totaling the expenses involved to repair, I was very happy to have sinkhole insurance. I certainly did not expect it to happen but very happy we took the insurance out...it could happen to anyone!
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Interesting, when we signed up for our new house, our insurance company told us that sink hole insurance only covered the house structure, not the surrounding property (that would be our responsibility in full unless there was damage to the structure). The deductible (%) was quite high also, not $500 as some have posted.