I also live within my means and our home has been paid for for years. But regardless, if what I am being told is true, that sinkhole coverage (not catastrophic ground collapse) will become non-existent in the very near future, the cost associated with problems from sinkhole damages could potentially be in upward of $100,000 or more. That is what the insurance agent told me.
For those of you who bought your home and could get coverage, I understand that you are not concerned. And now that you have your home, what can you do?, I understand that also. But as a potential buyer, would you have felt the same if there was NO coverage available to you?
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The secret to having it all is believing that you already do!
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