[senior citizen]

Originally Posted by elizabeth52

You are correct that there are less sinkholes that are of the catastrophic ground collapse. That is not the norm. Those types of sinkholes are not widespread; however, it is the sinkhole damage that is NOT of the catastrophic type that is more concerning to me as a potential buyer.

I contacted Allstate insurance and was told that there have been many homes affected by sinkhole problems in the Villages, as well as, all over the State of Florida. And while some insurers currently will offer a policy with a 10% cost of the home deductible, it is anticipated that in the very near future there will be NO sinkhole coverage for new construction or resale homes. Small sinkholes near foundations, under lanai's, garage floors, shifting walls, lanai's, sunkens spots in driveways; windows or door jambs that have shifted out of alignment are more the norm (I'm not talking about normal settling issues). This can run into well into $100,00 or more depending on the extent of the damage. I can deal with a large deductible, but NO insurance????? That's an awful lot of risk.

I agree with you.

http://www.travelerstoday.com/articles/9630/20140425/villages-florida-sinkhole-reopens-65-feet-wife-deep-between-two.htm


This was just sent to me. Residents have now been evacuated. Not a minor issue.


Friends and relatives have been telling me it is all over their local news t.v. stations......in various parts of the U.S......so the word is spreading. They knew we were planning to retire to T.V.


Guess full disclosure is "out there"...............like the "X Files".