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Originally Posted by rdhdleo
Ok I am feeling really stupid on this subject, please can you explain the difference between catastrophic ground collapse and sinkhole? Appreciate it much!
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For the purpose of homeowner insurance - the sudden collapse of the ground like what happened at Buttonwood is covered. The "sinkhole coverage" is for the very gradual sinking of the ground that will put small cracks in walls, floors, etc and these will continue growing into larger and larger cracks. Sinkhole insurance is harder to find and has a high deductible. Catastrophic ground collapse is routinely covered and usually has the standard deductible. The foundation of the house must be compromised to pay a claim.