Quote:
Originally Posted by buggyone
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.
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Thank you so VERY much for clearing that up for me. Really appreciate your time!