[graciegirl]

Originally Posted by janmcn

The insurance companies have a fiduciary responsibility to protect themselves and their shareholders from waste, fraud and abuse. Since they are unable or unwilling to carry out that responsibility, they are now allowed, by the FL legislature, to punish people who never commited any fraud by not providing them with sinkhole insurance (other than the catastrophic ground coverage).

What other states have natural disasters; ie tornadoes, floods, earthquakes, fires, mudslides, etc, that are not insured?

If posters on here think it's no big deal to write out a check for $200,000 to $300,000 to cover a sinkhole in their yard, so be it. That's what the homeowners in Buttonwood would have had to do if they hadn't had sinkhole insurance.

You can't get blood out of a turnip. You cannot have people use up the State's fund for this serious and much needed insurance for frivolous purposes and not change the laws. EVERYONE suffers when this happens. We can't keep spending spending spending and not have virtuous people cheated. I think that the legislature did the only thing it could do. We are all still covered for the very kind of terrible thing that happened in Buttonwood. But we can't get money for minor cracks and not house threatening events. Bucco explained it far better than I could. And so did the link I posted from the Tampa Bay Times. I think you were trying to politicize this issue.